The elasticity of demand for gasoline in China

C.-Y. Cynthia Lin Lawell and Zeng, Jieyin (Jean)

Energy Policy, 2013, vol. 59, issue C, 189-197

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; Gasoline price elasticity; VMT elasticity (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (50)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421513001742
Full text for ScienceDirect subscribers only

Related works:
Working Paper: The Elasticity of Demand for Gasoline in China (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:59:y:2013:i:c:p:189-197

DOI: 10.1016/j.enpol.2013.03.020

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().