Loading...
Estimating motor fuel demand in South Carolina, the Dunbar-Martin demand model FY2020-21 and FY 2021-22
South Carolina Board of Economic Advisors Dunbar, Jade Martin, Robert W.
South Carolina Board of Economic Advisors
Dunbar, Jade
Martin, Robert W.
Issue Date
2020-08-12
Type
Text
Keywords
Petroleum products--Prices--South Carolina--Econometric models, Automobiles--South Carolina--Fuel consumption--Econometric models, Gasoline--Taxation--South Carolina
Abstract
This report provides a short background of the state excise tax on gasoline and diesel fuel in the state of South Carolina. It provides a concise review of the motor fuel model and the Infrastructure Maintenance Trust Fund by comparing the actual results from the previous fiscal year with the forecast values. It also discusses the research findings of the motor fuel demand results and examines the sensitivity of the gasoline model results with changes in the price of a gallon of gasoline during the forecast period.
Rights
Copyright status determined to be in the public domain on April 27, 2020 by United States Supreme Court ruling (Georgia et al., Petitioners v. Public.Resource.Org, Inc. : 590 U.S.__(2020))