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Elasticities of Road Traffic and Fuel Consumption with Respect to Price and Income: A Review

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  • PHIL GOODWIN
  • JOYCE DARGAY
  • MARK HANLY

Abstract

This paper gives the main results of a literature review of new empirical studies, published since 1990, updating work on the effects of price and income on fuel consumption, traffic levels, and where available other indicators including fuel efficiency and car ownership. The results are broadly consistent with several earlier reviews, though not always with current practice. The work was carried out as one of two parallel ‘blind’ literature reviews, the other being summarized in a companion paper by Graham and Glaister: the results are broadly, though not in every respect, consistent.

Suggested Citation

  • Phil Goodwin & Joyce Dargay & Mark Hanly, 2003. "Elasticities of Road Traffic and Fuel Consumption with Respect to Price and Income: A Review," Transport Reviews, Taylor & Francis Journals, vol. 24(3), pages 275-292, September.
    • Handle: RePEc:taf:transr:v:24:y:2003:i:3:p:275-292
    DOI: 10.1080/0144164042000181725
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    Cited by:

    1. Copenhagen Economics, 2010. "Company Car Taxation," Taxation Papers 22, Directorate General Taxation and Customs Union, European Commission.
    2. Nelson, Peter & Baglino, Andrew & Harrington, Winston & Safirova, Elena & Lipman, Abram, 2007. "Transit in Washington, DC: Current benefits and optimal level of provision," Journal of Urban Economics, Elsevier, vol. 62(2), pages 231-251, September.
    3. Stanley, John K. & Hensher, David A. & Loader, Chris, 2011. "Road transport and climate change: Stepping off the greenhouse gas," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(10), pages 1020-1030.
    4. Stopher, Peter R., 2004. "Reducing road congestion: a reality check," Transport Policy, Elsevier, vol. 11(2), pages 117-131, April.

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