A Consumption Measure for Automobiles
Monthly Labor Review, 2024
PDF Article doi:10.21916/mlr.2024.3
Abstract
In this article, we estimate consumption of automobiles by using a user-cost approach and data from the Consumer Expenditure Surveys Interview Survey (CE). The user-cost approach is a method for valuing the flow of services from long-lived goods. A key input into user cost is the depreciation of the good, which we estimate by using purchase data from the CE.
Cite
@article{cho2024consumption,
title = {A Consumption Measure for Automobiles},
author = {Cho, Caleb and Matsumoto, Brett and Smith, Dominic A.},
journal = {Monthly Labor Review},
year = {2024},
doi = {10.21916/mlr.2024.3},
url = {https://www.bls.gov/opub/mlr/2024/article/a-consumption-measure-for-automobiles.htm},
}