Fuel Efficiency Versus Fuel Substitution in the Transport Sector : An Econometric Analysis

The transport sector offers limited options to reduce greenhouse gas emissions as compared with other sectors, such as power generation and industrial sectors. To understand the potential reduction of energy consumption and associated emissions thr...

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Main Authors:	Hochman, Gal, Timilsina, Govinda R.
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	EMISSION INTENSITY FUEL SWITCHING TRANSPORT PRICE ELASTICITY FUEL EFFICIENCY
Online Access:	http://documents.worldbank.org/curated/en/451701495467642019/Fuel-efficiency-versus-fuel-substitution-in-the-transport-sector-an-econometric-analysis http://hdl.handle.net/10986/26841

id	okr-10986-26841
recordtype	oai_dc
spelling	okr-10986-268412021-06-08T14:42:46Z Fuel Efficiency Versus Fuel Substitution in the Transport Sector : An Econometric Analysis Hochman, Gal Timilsina, Govinda R. EMISSION INTENSITY FUEL SWITCHING TRANSPORT PRICE ELASTICITY FUEL EFFICIENCY The transport sector offers limited options to reduce greenhouse gas emissions as compared with other sectors, such as power generation and industrial sectors. To understand the potential reduction of energy consumption and associated emissions through fuel substitution or transportation service demand reduction, this study estimates own- and cross-price elasticities of various fuels used for transportation. The analysis shows, like many previous studies, that an increase in fuel prices would not have a large effect on transport sector carbon dioxide emissions, due to limited substitution possibilities among fuels for transportation. The study also finds that price-induced changes that lead to an increase in the rate of adoption of fuel-efficient vehicles would be more effective than a policy to cause fuel substitution. 2017-06-01T22:40:00Z 2017-06-01T22:40:00Z 2017-05 Working Paper http://documents.worldbank.org/curated/en/451701495467642019/Fuel-efficiency-versus-fuel-substitution-in-the-transport-sector-an-econometric-analysis http://hdl.handle.net/10986/26841 English en_US Policy Research Working Paper;No. 8070 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	EMISSION INTENSITY FUEL SWITCHING TRANSPORT PRICE ELASTICITY FUEL EFFICIENCY
spellingShingle	EMISSION INTENSITY FUEL SWITCHING TRANSPORT PRICE ELASTICITY FUEL EFFICIENCY Hochman, Gal Timilsina, Govinda R. Fuel Efficiency Versus Fuel Substitution in the Transport Sector : An Econometric Analysis
relation	Policy Research Working Paper;No. 8070
description	The transport sector offers limited options to reduce greenhouse gas emissions as compared with other sectors, such as power generation and industrial sectors. To understand the potential reduction of energy consumption and associated emissions through fuel substitution or transportation service demand reduction, this study estimates own- and cross-price elasticities of various fuels used for transportation. The analysis shows, like many previous studies, that an increase in fuel prices would not have a large effect on transport sector carbon dioxide emissions, due to limited substitution possibilities among fuels for transportation. The study also finds that price-induced changes that lead to an increase in the rate of adoption of fuel-efficient vehicles would be more effective than a policy to cause fuel substitution.
format	Working Paper
author	Hochman, Gal Timilsina, Govinda R.
author_facet	Hochman, Gal Timilsina, Govinda R.
author_sort	Hochman, Gal
title	Fuel Efficiency Versus Fuel Substitution in the Transport Sector : An Econometric Analysis
title_short	Fuel Efficiency Versus Fuel Substitution in the Transport Sector : An Econometric Analysis
title_full	Fuel Efficiency Versus Fuel Substitution in the Transport Sector : An Econometric Analysis
title_fullStr	Fuel Efficiency Versus Fuel Substitution in the Transport Sector : An Econometric Analysis
title_full_unstemmed	Fuel Efficiency Versus Fuel Substitution in the Transport Sector : An Econometric Analysis
title_sort	fuel efficiency versus fuel substitution in the transport sector : an econometric analysis
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/451701495467642019/Fuel-efficiency-versus-fuel-substitution-in-the-transport-sector-an-econometric-analysis http://hdl.handle.net/10986/26841
_version_	1764462889466331136

Fuel Efficiency Versus Fuel Substitution in the Transport Sector : An Econometric Analysis

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