| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w12530 |
| 来源ID | Working Paper 12530 |
| Evidence of a Shift in the Short-Run Price Elasticity of Gasoline Demand | |
| Jonathan E. Hughes; Christopher R. Knittel; Daniel Sperling | |
| 发表日期 | 2006-09-21 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | Understanding the sensitivity of gasoline demand to changes in prices and income has important implications for policies related to climate change, optimal taxation and national security, to name only a few. While the short-run price and income elasticities of gasoline demand in the United States have been studied extensively, the vast majority of these studies focus on consumer behavior in the 1970s and 1980s. There are a number of reasons to believe that current demand elasticities differ from these previous periods, as transportation analysts have hypothesized that behavioral and structural factors over the past several decades have changed the responsiveness of U.S. consumers to changes in gasoline prices. In this paper, we compare the price and income elasticities of gasoline demand in two periods of similarly high prices from 1975 to 1980 and 2001 to 2006. The short-run price elasticities differ considerably: and range from -0.034 to -0.077 during 2001 to 2006, versus -0.21 to -0.34 for 1975 to 1980. The estimated short-run income elasticities range from 0.21 to 0.75 and when estimated with the same models are not significantly different between the two periods. |
| 主题 | Microeconomics ; Households and Firms ; Industrial Organization ; Industry Studies ; Environmental and Resource Economics ; Energy ; Regional and Urban Economics |
| URL | https://www.nber.org/papers/w12530 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570188 |
| 推荐引用方式 GB/T 7714 | Jonathan E. Hughes,Christopher R. Knittel,Daniel Sperling. Evidence of a Shift in the Short-Run Price Elasticity of Gasoline Demand. 2006. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w12530.pdf（126KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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