Burke, Paul J.; Nishitateno, Shuhei - Crawford School of Public Policy, Australian National … - 2011
transport and the fuel economy of new vehicles. To address the potential for simultaneity bias in ordinary least squares … estimated elasticity of +0.2. While gasoline demand and fuel economy are both inelastic with respect to gasoline prices, there … is considerable scope for low-price countries to achieve gasoline savings and vehicle fuel economy improvements via …