Analysis of the short-run consumer demand for gasoline using household survey data

Journal Article · Fri Oct 31 23:00:00 EST 1980 · Rev. Econ. Stat.; (United States)

DOI:https://doi.org/10.2307/1924790· OSTI ID:6732101

Archibald, R; Gillingham, R

A short-run analysis of consumer demand for gasoline for nonbusiness automobile use estimates demand on the basis of a Consumer Expenditure Survey (CES) made by the Bureau of Labor Statistics during 1972-1973. The use of pooled time-series/cross-section data permits the examination of effects of location, family characteristics, and household automobile stock as well as prices and household income. The results show that gasoline price increases will constrain demand, with price elasticity of -0.43 for both one-car and multi-car households. 8 references, 2 tables. (DCK)

• OSTI ID: 6732101
• Journal Information: Rev. Econ. Stat.; (United States), Journal Name: Rev. Econ. Stat.; (United States) Vol. 62:4; ISSN RECSA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320203 -- Energy Conservation
Consumption
& Utilization-- Transportation-- Land & Roadway
DATA
DEMAND FACTORS
DEMOGRAPHY
ECONOMIC ELASTICITY
FUELS
GASOLINE
HOUSEHOLDS
INFORMATION
LIQUID FUELS
NUMERICAL DATA
PETROLEUM PRODUCTS
STATISTICAL DATA