Unemployment rate and price of gasoline predict the fuel economy of purchased new vehicles.

Sivak, Michael; Schoettle, Brandon

i

Unemployment rate and price of gasoline predict the fuel economy of purchased new vehicles.

2011-03-01
By Sivak, Michael ; Schoettle, Brandon

File Language:

English

Details

Creators:

Sivak, Michael ; Schoettle, Brandon
Corporate Creators:

University of Michigan. Transportation Research Institute
Subject/TRT Terms:
Publication/ Report Number:

UMTRI-2011-13
Resource Type:

Tech Report
Geographical Coverage:

Michigan
Corporate Publisher:

University of Michigan. Transportation Research Institute
Abstract:

This study examined the relationship between two economic indicators—the ; unemployment rate and the price of gasoline—and the fuel economy of purchased new ; vehicles. A regression analysis was performed on U.S. monthly data from October 2007 ; through February 2011. The main finding is that the fuel economy of purchased new vehicles ; can be well predicted from the unemployment rate and the price of gasoline.
Format:

PDF
Download URL:

https://rosap.ntl.bts.gov/view/dot/20424/dot_20424_DS1.pdf
File Type:

[PDF - 464.81 KB]
Collection(s):

US Transportation Collection
Main Document Checksum:

urn:sha-512:de7678f66cf04cc8682a87628eecaa5ae9e0c19db5ce30c26ecb533a8f3fdec4c27af4dd8478879f0dec1aca975ccc30669fcade92d738cec1d5680e9f46529a

File Language:

English

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