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

Year 2014, Volume: 4 Issue: 1, 1 - 14, 01.03.2014

Qing Su

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

new fuel efficient vehicle new vehicle utilization simultaneous equation model impact of gasoline prices vehicle type choice

Year 2014, Volume: 4 Issue: 1, 1 - 14, 01.03.2014

Qing Su

Abstract

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Details

Other ID JA46AN48AM
Journal Section Research Article
Authors

Qing Su This is me

Publication Date March 1, 2014
Published in Issue Year 2014 Volume: 4 Issue: 1

Cite

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.
AMA Su Q. Purchase and Utilization of New Fuel Efficient Vehicles in the US: Evidence from the 2009 National Household Transportation Survey Data. IJEEP. March 2014;4(1):1-14.
Chicago 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, no. 1 (March 2014): 1-14.
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 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, 2014.
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 2014), 1-14.
JAMA 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, 2014, pp. 1-14.
Vancouver 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.