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Demand for transportation fuels in the oecd: A temporal cross-section specification

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  • Rodekohr, Mark E.

Abstract

The determinates of the demand for transportation fuels interest many researchers and policymakers who are considering various energy plans. This paper uses a random coefficient regression approach to estimate the demand for gasoline, diesel fuel and jet fuel. For these three fuels a flow adjustment specification is assumed and for gasoline demand a stock adjustment model is also estimated. Individual European country data are used as the data because these data contain wide variations in the price variables, due to the different tax structures of the individual countries. These data are averaged across countries and time to produce firm estimates of the price and income elasticities of demand. For gasoline demand the estimates obtained from the European data are compared with estimates made by other researchers for the United States.

Suggested Citation

  • Rodekohr, Mark E., 1979. "Demand for transportation fuels in the oecd: A temporal cross-section specification," Applied Energy, Elsevier, vol. 5(3), pages 223-231, July.
    • Handle: RePEc:eee:appene:v:5:y:1979:i:3:p:223-231
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    Cited by:

    1. Houri Jafari, H. & Baratimalayeri, A., 2008. "The crisis of gasoline consumption in the Iran's transportation sector," Energy Policy, Elsevier, vol. 36(7), pages 2536-2543, July.
    2. Espey, Molly, 1998. "Gasoline demand revisited: an international meta-analysis of elasticities," Energy Economics, Elsevier, vol. 20(3), pages 273-295, June.

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