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The Demand for Energy Used in Transport

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  • Kenneth W. Clements

    (Department of Economics, University of Western Australia.)

Abstract

This paper uses recent data to measure the role of income and relative prices in determining the demand for four types of energy used in transport in Western Australia. The method relies on the construction of Divisia-type indices of the volume and price of energy. The short-term own-price elasticities were found to be quite low with the highest (-0.13) for Motor Spirit. Short-term income elasticities were found to be higher and in the range 0.25 to 0.37.

Suggested Citation

  • Kenneth W. Clements, 1983. "The Demand for Energy Used in Transport," Australian Journal of Management, Australian School of Business, vol. 8(2), pages 27-56, December.
  • Handle: RePEc:sae:ausman:v:8:y:1983:i:2:p:27-56
    DOI: 10.1177/031289628300800203
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    References listed on IDEAS

    as
    1. Meisner, James F., 1979. "Divisia moments of U.S. industry, 1947-1978," Economics Letters, Elsevier, vol. 4(3), pages 239-242.
    2. Clements, Kenneth W & Nguyen, Phuong, 1980. "Money Demand, Consumer Demand and Relative Prices in Australia," The Economic Record, The Economic Society of Australia, vol. 56(155), pages 338-346, December.
    3. Suhm, Frederick E., 1979. "A cross-country consumption comparison based on divisia variances and covariances," Economics Letters, Elsevier, vol. 3(1), pages 89-96.
    4. Clements, Kenneth W, 1981. "Changes in the Size of the Traded Goods Sector: Theory and Applications," Empirical Economics, Springer, vol. 6(4), pages 203-213.
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    Cited by:

    1. Eliyathamby A. Selvanathan & Saroja Selvanathan & Lucille Wong & Maneka Savithri Jayasinghe, 2021. "Modelling Regional Consumption Patterns in Australia," The Economic Record, The Economic Society of Australia, vol. 97(317), pages 141-156, June.
    2. Lucille Wong & Eliyathamby A. Selvanathan & Saroja Selvanathan, 2017. "Empirical analysis of Australian consumption patterns," Empirical Economics, Springer, vol. 52(2), pages 799-823, March.

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