Carpooling and Driver Responses to Fuel Price Changes: Evidence from Traffic Flows in Los Angeles

Preprint OPEN
Antonio M. Bento; Jonathan E. Hughes; Daniel T. Kaffine;
  • Subject: gasoline prices, traffic congestion, carpooling

Understanding how drivers respond to fuel price changes has important implications for highway congestion, accidents, carbon policy, local air pollution and taxation. We examine the underexplored relationship between fuel prices and carpooling. Using a simple theoretica... View more
  • References (35)
    35 references, page 1 of 4

    Barth, M. and K. Boriboonsomsin. 2008. “Real-world carbon dioxide impacts of traffic congestion.” Transportation Research Record: Journal of the Transportation Research Board 2058 (-1):163- 171.

    Blanchard, Christopher. 2009. “The Impact of Rising Gasoline Prices on U.S. Public Transit Ridership.” Duke University, mimeo .

    Burger, N.E. and D.T. Kaffine. 2009. “Gas prices, traffic, and freeway speeds in Los Angeles.” The Review of Economics and Statistics 91 (3):652-657.

    Busse, M.R., C.R. Knittel, and F. Zettelmeyer. 2010. “Pain at the pump: The effect of gasoline prices on new and used automobile markets.” NBER Working Paper 15590.

    Currie, Graham and Justin Phung. 2007. “Transit Ridership Auto Gas Prices, and World Events: New Drivers of Change?” Transportation Research Record: Journal of the Transportation Research Board 1992 (2):3-10.

    Dahl, C. and T. Sterner. 1991. “Analysing gasoline demand elasticities: a survey.” Energy Economics 13 (3):203-210.

    Davis, L.W. and L. Kilian. 2011. “Estimating the effect of a gasoline tax on carbon emissions.” Journal of Applied Econometrics 26 (7):1187-1214.

    Duranton, Gilles and Matthew A. Turner. 2011. “The Fundamental Law of Road Congestion: Evidence from US Cities.” American Economic Review 101 (6):261652.

    Elliott, Graham, Thomas J. Rothenberg, and James H. Stock. 1996. “Efficient Tests for an Autoregressive Unit Root.” Econometrica 64 (4):813-836.

    Espey, M. 1998. “Gasoline demand revisited: an international meta-analysis of elasticities.” Energy Economics 20 (3):273-295.

  • Metrics
Share - Bookmark