Transport energy: determinants and policy. Final report
Technical Report
·
OSTI ID:7085309
Expanding oil consumption by the transportation sector, already a major oil consumer, poses an economic threat to many developing countries. The report presents an overview of past trends in transport energy consumption and analyzes these trends systematically via regression analyses based on data from 80 developing and industrial countries (including new data on total and sectoral fuel consumption, numbers of trucks and buses, GDP, gasoline and diesel prices, and demographic and geographic features). Results of these analyses are supplemented by case studies of India and Ecuador. Results reveal high-income and low-price elasticities for fuel consumption and suggest that, despite rising fuel prices, increases in fuel consumption and vehicle ownership will outstrip increases in economic activity. This situation will require adapted fuel-price policies, which are critical in explaining fuel consumption. However, given the low price elasticities, price policies should be supplemented by improving vehicle efficiency and truck load factors, providing attractive alternative forms of public transportation, and reducing road congestion.
- Research Organization:
- Resources for the Future, Inc., Washington, DC (USA)
- OSTI ID:
- 7085309
- Report Number(s):
- PB-87-133732/XAB
- Country of Publication:
- United States
- Language:
- English
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