Dargay, Joyce M.; Gately, Dermot - In: Energy Policy 38 (2010) 10, pp. 6261-6277
Using data for 1971-2008, we estimate the effects of changes in price and income on world oil demand, disaggregated by product - transport oil, fuel oil (residual and heating oil), and other oil - for six groups of countries. Most of the demand reductions since 1973-74 were due to fuel-switching...