Must Read

PrintPrint EmailEmail ShareShare CiteCite
Style:MLAAPAChicagoClose

loading...

The Energy Journal: Vehicle ownership and income growth, worldwide: 1960-2030

Author: Joyce Dargay
October 1, 2007

Share

The speed of vehicle ownership expansion in emerging market and developing countries has important implications for transport and environmental policies, as well as the global oil market. The literature remains divided on the issue of whether the vehicle ownership rates will ever catch up to the levels common in the advanced economies. This paper contributes to the debate by building a model that explicitly models the vehicle saturation level as a function of observable country characteristics: urbanization and population density.

Full Text of Document

More on This Topic

Op-Ed

Rebooting China

Author: A. Michael Spence
Project Syndicate

A. Michael Spence urges China's leaders to be steady-handed and sensible in their foreign policy and domestic reform agendas so as to...

Op-Ed

China's End of Exuberance

Author: A. Michael Spence
Project Syndicate

Michael Spence writes that slowing growth puts Chinese authorities in the tricky position of shifting their economy from a growth model based...