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Persistent link: https://www.econbiz.de/10009719303
. Therefore, demand functions for energy and its components like gasoline have received much attention. However, since confidence …), this paper estimates the demand for gasoline is estimated with 6 alternative time series techniques with data from Fiji …Since the early 1970s there has been a worldwide upsurge in the price of energy and in particular of gasoline …
Persistent link: https://www.econbiz.de/10011523590
This paper extends previous studies in modeling and estimating demand for gasoline for Nigeria from 1977 to 2008. The … structural breaks/regime shifts and parameter instability in the gasoline demand function in Nigeria using more recent and robust …-run relationship in the gasoline function, the Gregory-Hansen structural break cointegration approach confirms the cointegration …
Persistent link: https://www.econbiz.de/10013099898
This paper extends previous studies in modeling and estimating energy demand functions for both gasoline and kerosene … which primarily captures the price-income interaction effects on both gasoline and kerosene demand functions. While the … demand functions using more recent and robust techniques. In addition, the study considers an alternative model specification …
Persistent link: https://www.econbiz.de/10013100008
In this paper we quantitatively synthesize empirical estimates of the income elasticity of gasoline demand reported in … publication bias from the literature. Our results suggest that the income elasticity of gasoline demand is smaller than commonly … thought: the corrected estimate is 0.1 for the short run and 0.46 for the long run. -- gasoline ; income elasticity …
Persistent link: https://www.econbiz.de/10009742489
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all the variables (inelastic). GDP and exchange rate influence crude oil demand in India more than any other variable … positively influences oil imports consequentially, oil demand.The outcome of the study concludes that India must take measures to … to India’s energy security and reduce crude oil import demand in India. Moreover, India must improve strategic oil …
Persistent link: https://www.econbiz.de/10014031295
We reinvestigate the "rockets and feathers" effect between retail gasoline and crude oil prices in a new framework of … complicated time series characteristics. On the dataset of seven national gasoline prices, we find no statistically significant … asymmetry. The proposed methodology is not limited to the gasoline and crude oil case but it can be utilized for any asymmetric …
Persistent link: https://www.econbiz.de/10010471708
The pricing mechanism in the gasoline market has often been the subject of public debate in Greece during the crisis … inefficient pricing, is by testing for asymmetries in the adjustment of domestic gasoline prices to world oil price changes. The … present paper tests for asymmetric adjustment of gasoline prices to oil price variations in the Greek market and examines …
Persistent link: https://www.econbiz.de/10013174965