Estimating differences in gasoline consumption among socio‐economic groups in Greece |
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Authors: | Eleni Sardianou |
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Affiliation: | Department of Home Economics and Ecology, Graduate Program of Sustainable Development, Harokopio University, Athens, Greece |
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Abstract: | This study presents insights into the determinants of gasoline consumption for transportation based on cross section data for Greece. Given that car ownership decisions and gasoline demand decisions are taken jointly, in the empirical analysis, we employ the two‐step Heckman approach. Quantile regression analysis is used to investigate disparities in behaviour among different levels of gasoline consumption. The empirical results report that demographic and economic characteristics specify the consumer's choices with respect to gasoline consumption. An energy conservation framework can improve upon the situation by facing consumers as socio‐economic subgroups with different transportation needs and different lifestyle aspects. |
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Keywords: | Gasoline consumption Greece quantile regression |
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