Small cars, large cars, and the price of gasoline.
Recently, the question of small vs large cars has assumed increasing importance because of their differential fuel economy and impact on energy consumption. This paper estimates disaggregated demand functions for cars by size and age class with particular attention to the effects of gasoline prices...
| Publicado en: | Canadian Journal of Economics Vol. 11; no. 3; pp. 470 - 490 |
|---|---|
| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Aug78
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | Recently, the question of small vs large cars has assumed increasing importance because of their differential fuel economy and impact on energy consumption. This paper estimates disaggregated demand functions for cars by size and age class with particular attention to the effects of gasoline prices on the composition of demand. The data consisted of a cross-section of five-year time series from eight Canadian provinces. Evidence was found of a substantial response of the demand composition to changes in the relative care prices; the evidence on the effect of gas prices was less conclusive. |
|---|