The elasticity of demand for gasoline in China

被引:49
作者
Lin, C. -Y. Cynthia [1 ]
Zeng, Jieyin [1 ,2 ,3 ]
机构
[1] Univ Calif Davis, Dept Agr & Resource Econ, Davis, CA 95616 USA
[2] Univ Calif Davis, Inst Transportat Studies, Davis, CA 95616 USA
[3] Univ Calif Davis, Dept Stat, Davis, CA 95616 USA
关键词
China; Gasoline price elasticity; VMT elasticity; EMPIRICAL-ANALYSIS; CONSUMPTION; PRICE; FUEL;
D O I
10.1016/j.enpol.2013.03.020
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper estimates the price and income elasticities of demand for gasoline in China. Our estimates of the intermediate-run price elasticity of gasoline demand range between -0.497 and -0.196, and our estimates of the intermediate-run income elasticity of gasoline demand range between 1.01 and 1.05. We also extend previous studies to estimate the vehicle miles traveled (VMT) elasticity and obtain a range from -0.882 to -0.579. (C) 2013 Elsevier Ltd. All rights reserved.
引用
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页码:189 / 197
页数:9
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