The Elasticity of Demand for Gasoline in China

C.-Y. Cynthia Lin Lawell and Jieyin Jean Zeng

Institute of Transportation Studies, Working Paper Series from Institute of Transportation Studies, UC Davis

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: Engineering (search for similar items in EconPapers)
Date: 2012-09-01
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: The elasticity of demand for gasoline in China (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:cdl:itsdav:qt4p30613w

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