A Time Series Analysis of Transportation Energy Use Per Dollar of Gross Domestic Product
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2009-06-01
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By Young, Peg
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Abstract:Transportation energy use relative to gross domestic product (GDP) has been declining within the past decade. However, the total transportation energy consumed (see figure 1) shows only a more recent decline. To see clearly the long-term decline, the seasonal component first must be separated from the underlying trendline to observe the long-term trend of that energy consumption. Then the ratio of the de-seasonalized data and GDP can be taken.
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