Title of article
The elasticity of demand for gasoline in China
Author/Authors
C.-Y. Cynthia Lin، نويسنده , , Jieyin (Jean) Zeng، نويسنده ,
Issue Information
ماهنامه با شماره پیاپی سال 2013
Pages
9
From page
189
To page
197
Abstract
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.
Keywords
China , VMT elasticity , Gasoline price elasticity
Journal title
Energy Policy
Serial Year
2013
Journal title
Energy Policy
Record number
974317
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