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The elasticity of demand for gasoline in China

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

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.

Suggested Citation

  • Lin, C.-Y. Cynthia & Zeng, Jieyin (Jean), 2013. "The elasticity of demand for gasoline in China," Energy Policy, Elsevier, vol. 59(C), pages 189-197.
    • Handle: RePEc:eee:enepol:v:59:y:2013:i:c:p:189-197
    DOI: 10.1016/j.enpol.2013.03.020
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