specification for gasoline and diesel demand. Previous studies estimating gasoline consumption per total passenger cars ignore the … estimators are more reliable than common IV/GMM estimators applied to our small data set. -- dynamic panel data ; gasoline demand …

The transport sector’s demand for oil is less price sensitive than any other part of the economy. This is partly … because demand for transport services is relatively insensitive to price and partly because substitutes for oil in road … demand becomes even less price sensitive. This implies that oil consumption is set to become increasingly concentrated in the …

Oil consumption is increasingly concentrated in transport and relatively limited fluctuations in transport demand can …

The dramatic increase in gasoline prices from close to $1 in 1999 to $4 at their peak in 2008 made it much more … expensive for consumers to operate an automobile. In this paper we investigate whether consumers have adjusted to gasoline price … car markets. We find that a $1 increase in gasoline price changes the market shares of the most and least fuel …

to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …