TRB Pubsindex
Text Size:
x

« Prev Next »

Return to Results | New Search

Bookmark and Share

Title:

Beyond the Average Elasticity - Applying Quantile Panel Regression to German Household Mobility Data

Accession Number:

01476863

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

This paper employs quantile panel regression to the study of fuel price elasticities. Contrasting with standard panel approaches, this method reveals the impact of explanatory variables across all points in the conditional distribution of the response variable while controlling for unobserved heterogeneity. Applying quantile panel regression to German household data demonstrates that fuel price elasticities are very high in magnitude - below -0.8 - for a small segment of households whose car mileage is low, but that this effect tapers off rapidly among households with higher car mileage. These findings have implications for policy instruments that rely on estimates of fuel price elasticities, for example fuel taxation.

Supplemental Notes:

This paper was sponsored by TRB committee ADD20 Social and Economic Factors of Transportation.

Monograph Accession #:

01470560

Report/Paper Numbers:

13-3464

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Ritter, Nolan

Pagination:

26p

Publication Date:

2013

Conference:

Transportation Research Board 92nd Annual Meeting

Location: Washington DC, United States
Date: 2013-1-13 to 2013-1-17
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Figures; References; Tables

Geographic Terms:

Germany

Subject Areas:

Economics; Energy; Highways; I10: Economics and Administration; I15: Environment

Source Data:

Transportation Research Board Annual Meeting 2013 Paper #13-3464

Files:

TRIS, TRB, ATRI

Created Date:

Feb 5 2013 12:41PM