Personal tools

next
previous
items

Skip to content. | Skip to navigation

Sound and independent information
on the environment

You are here: Home / Data and maps / Maps and graphs / Elasticity of transport demand with respect to fuel price

Elasticity of transport demand with respect to fuel price

Topics: ,
Economic elasticity is the proportional change in one variable relative to the proportional change in another

Download

European data

Metadata

Additional information

For instance, a 1 % increase in fuel price leads to a 0.1 % short-term decrease in vehicle-km. The long-term decrease is higher, namely 0.3 % per vehicle or 0.29 % in total. With a constant or declining occupancy rate, the transport volume in terms of passenger-km decreases at the same rate or faster, respectively. This means that the transport volume from 1990 to 2002, as depicted in the figure above (with the development of fuel prices), would have grown even faster if the fuel prices had stayed at a constant level.

Filed under: ,

Comments

European Environment Agency (EEA)
Kongens Nytorv 6
1050 Copenhagen K
Denmark
Phone: +45 3336 7100