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Demand for gasoline and diesel fuel by farmers in the USA
Author(s) -
Uri Noel D.,
Gill Mohinder
Publication year - 1991
Publication title -
international journal of energy research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.808
H-Index - 95
eISSN - 1099-114X
pISSN - 0363-907X
DOI - 10.1002/er.4440150405
Subject(s) - diesel fuel , gasoline , fuel efficiency , winter diesel fuel , environmental science , alcohol fuel , waste management , engineering , automotive engineering , petrol engine , diesel cycle , internal combustion engine
This study endeavours to determine whether farmers in the USA adjust their consumption of gasoline and diesel fuel in response to changes in the relative prices of different types of energy. A demand model is specified and estimated. The conclusions suggest that the price of gasoline (diesel fuel) is a factor impacting the quantity of gasoline (diesel fuel) demanded by farmers, but there is no indication that other types of energy are substitutes for gasoline (diesel fuel). Additionally, the level of farming activity is a very important factor driving the demand for gasoline (diesel fuel). Finally, the estimated models of gasoline and diesel fuel demand are structurally stable over the period 1971–1988.