Gasoline Prices | Academic Papers Help

: Gasoline Prices

 

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Shajun, L., Christopher, T., & Roger, H. (2009). How Do Gasoline Prices Affect Fleet Fuel Economy? American Economic Journal: Economic Policy. 1.2:  113-137.

This was a research article that was featured in a journal. The authors are indeed credible based on the results they have presented on the article regarding their research. It is a primary material based on the fact that it is a research article reporting on a research that was conducted not very long from the publication date. According to the article, the researchers exploited a loaded dataset concerning registration of passenger vehicles in twenty MSAs in the United States between the years 1999 to 2005. The effects of gasoline prices were examined in regard to the composition of the automotive fleets. It was discovered that fleet fuel economy was certainly affected by high gasoline prices. This according to the article has led to the purchasing of vehicles that are more fuel efficient and the neglecting of the vehicles that consume a lot of fuel. There was a suggestion of 10% increase in the prices of Gasoline for a 0.22% generation increase (Short run)of fleet fuel economy and 2.04 % increase (Long run).

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