Theoretical basis and parameter estimates for the Minority Transportation Expenditure Allocation Model (MITRAM)
- 1 December 1988
- report
- Published by Office of Scientific and Technical Information (OSTI)
Abstract
This report documents research to estimate coefficients for the Minority Transportation Expenditure Allocation Model (MITRAM) equations. The estimation process is described in terms of the types of data needed and the utility of the resulting coefficients. Using these coefficients, the MITRAM model produces reasonable estimates for transportation energy consumption for average US black and white households based on a range of real gasoline prices similar to those experienced from 1981 through 1986. The model predicts reactions to sustained fuel price changes for as long as a decade after the change. 46 refs., 17 tabs.Keywords
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