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Decomposing the determinants of road traffic demand

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  • Daniel Graham
  • Stephen Glaister
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    Abstract

    This study presents a decomposition of the basic fundamental determinants of road traffic and fuel demand. A general framework is proposed as a means of analysing the impacts of changes in prices and income on the demand for fuel and traffic volume. The objective is to provide a general basis for comparing different road traffic elasticity estimates and for understanding how a variety of different factors work together to create overall road traffic and fuel demand responses. The study emphasizes relationships between different price and income elasticity measures and uses estimates from the literature to evaluate the main determinants of demand including some previously unobserved effects.

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    File URL: http://www.tandfonline.com/doi/abs/10.1080/0003684042000291263
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Applied Economics.

    Volume (Year): 37 (2005)
    Issue (Month): 1 ()
    Pages: 19-28

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    Handle: RePEc:taf:applec:v:37:y:2005:i:1:p:19-28

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    1. Dahl, Carol & Sterner, Thomas, 1991. "Analysing gasoline demand elasticities: a survey," Energy Economics, Elsevier, vol. 13(3), pages 203-210, July.
    2. Daniel J. Graham & Stephen Glaister, 2002. "The Demand for Automobile Fuel: A Survey of Elasticities," Journal of Transport Economics and Policy, London School of Economics and University of Bath, vol. 36(1), pages 1-25, January.
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    Cited by:
    1. Andrea Kollmann & Friedrich Schneider, 2010. "Why does Environmental Policy in Representative Democracies Tend to be Inadequate? A Preliminary Public Choice Analysis," CESifo Working Paper Series 3223, CESifo Group Munich.

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