Derived demand model of energy demand in the transportation sector
A derived demand econometric model of energy consumption in the transportation sector is presented. Gasoline, distillate residual fuel, jet fuel, liquefied gases, and coal are modeled separately with various procedures depending on the availability of data. It is shown that interfuel substitution possibilities are limited in the transportation sector. The importance of the capital stock in the various demand functions is also shown. The capital stock and the intensity of utilization of the stock play a central role in the determination of the demand for energy in the transportation sector.
- Research Organization:
- Federal Energy Administration, Washington, DC (USA)
- OSTI ID:
- 6301562
- Report Number(s):
- DOE/TIC-10752
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320200 -- Energy Conservation
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AIRCRAFT
AUTOMOBILES
BUSES
COST
ECONOMETRICS
ECONOMICS
ENERGY DEMAND
FUELS
MATHEMATICAL MODELS
RAILWAYS
TRANSPORTATION SECTOR
TRANSPORTATION SYSTEMS
TRUCKS
VEHICLES
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320200 -- Energy Conservation
Consumption
& Utilization-- Transportation
AIRCRAFT
AUTOMOBILES
BUSES
COST
ECONOMETRICS
ECONOMICS
ENERGY DEMAND
FUELS
MATHEMATICAL MODELS
RAILWAYS
TRANSPORTATION SECTOR
TRANSPORTATION SYSTEMS
TRUCKS
VEHICLES