Brons, Martijn; Nijkamp, Peter; Pels, Eric; Rietveld, Piet - 2006
ownership. This implies a linear relationship between the price elasticity of total fuel demand and the price elasticities of … variation in empirical estimates of the price elasticity of gasoline demand. A methodological novelty is that we use the linear …-analytical approach. We find that, with a mean price elasticity of -0.53, the demand for gasoline is not very price sensitive. The impact …