Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data

Volume: 4 Number: 1 March 1, 2014
  • Qing Su
EN

Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data

Abstract

This paper applies a simultaneous equation model to examine the relationship between choices of new fuel efficient vehicles and their utilization using the 2009 NHTS data. The regression results indicate that travelers purchasing new fuel efficient vehicles with a fuel economy of at least 30 mpg drive more on a monthly basis than others owning a new vehicle with lower fuel economy. In addition, those who travel more are more likely to purchase a new fuel efficient vehicle with a fuel economy of at least 30 mpg in the study period. The gasoline price has a significant negative impact on new vehicle utilization while a significant positive impact on choices of new vehicles with a fuel economy of at least 30 mpg.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Qing Su This is me

Publication Date

March 1, 2014

Submission Date

March 1, 2014

Acceptance Date

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Published in Issue

Year 2014 Volume: 4 Number: 1

APA
Su, Q. (2014). Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data. International Journal of Energy Economics and Policy, 4(1), 1-14. https://izlik.org/JA35PM82KY
AMA
1.Su Q. Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data. IJEEP. 2014;4(1):1-14. https://izlik.org/JA35PM82KY
Chicago
Su, Qing. 2014. “Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data”. International Journal of Energy Economics and Policy 4 (1): 1-14. https://izlik.org/JA35PM82KY.
EndNote
Su Q (March 1, 2014) Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data. International Journal of Energy Economics and Policy 4 1 1–14.
IEEE
[1]Q. Su, “Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data”, IJEEP, vol. 4, no. 1, pp. 1–14, Mar. 2014, [Online]. Available: https://izlik.org/JA35PM82KY
ISNAD
Su, Qing. “Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data”. International Journal of Energy Economics and Policy 4/1 (March 1, 2014): 1-14. https://izlik.org/JA35PM82KY.
JAMA
1.Su Q. Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data. IJEEP. 2014;4:1–14.
MLA
Su, Qing. “Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data”. International Journal of Energy Economics and Policy, vol. 4, no. 1, Mar. 2014, pp. 1-14, https://izlik.org/JA35PM82KY.
Vancouver
1.Qing Su. Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data. IJEEP [Internet]. 2014 Mar. 1;4(1):1-14. Available from: https://izlik.org/JA35PM82KY