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

dc.contributor.authorSivak, Michaelen_US
dc.contributor.authorSchoettle, Brandonen_US
dc.date.accessioned2011-03-28T20:40:37Z
dc.date.accessioned2011-03-28T20:40:37Z
dc.date.available2011-03-29T19:26:51Zen_US
dc.date.issued2011-03
dc.identifierAccession Number: 102735en_US
dc.identifier.otherUMTRI-2011-13en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/83358
dc.description.abstractThis 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.en_US
dc.description.sponsorshipThe University of Michigan Sustainable Worldwide Transportationen_US
dc.format.extent10en_US
dc.languageEnglishen_US
dc.publisherUniversity of Michigan, Ann Arbor, Transportation Research Instituteen_US
dc.subject.otherEconomic Indicatorsen_US
dc.subject.otherFuel Consumptionen_US
dc.titleUnemployment rate and price of gasoline predict the fuel economy of purchased new vehiclesen_US
dc.typeTechnical Reporten_US
dc.subject.hlbsecondlevelTransportation
dc.subject.hlbtoplevelEngineering
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/83358/1/102735.pdf
dc.owningcollnameTransportation Research Institute (UMTRI)


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