This paper examines the relationship between spot and futures prices for energy commodities (crude oil, gasoline …

Our empirical investigation confirms the common belief that retail gasoline prices react more quickly to increases in … competitive spot market for gasoline, perhaps reflecting inventory costs. Wholesale gasoline prices, however, exhibit no asymmetry … this probably reflects short run market power among retail gasoline sellers …

Did the 1973 and 1979 gasoline price rises change consumer views about the relative quality of different cars? This … hedonic model that takes gasoline costs into account is developed and some of its theoretical implications are outlined … to analyze the prices of U.S. passenger cars in the used market during 1970-1981. If one does not take gasoline costs …

electricity generation, the increasing substitutability of electric for gasoline vehicles, and the durability of the vehicle stock … subsidy for electric vehicles and the optimal ban on the production of gasoline vehicles both give about the same efficiency … improvement, but the latter leads to a sharp increase in gasoline vehicle production just before the ban. Phasing out gasoline …

elasticities of demand for gasoline consumption. We have three main findings. First, our elasticity estimates of roughly -0.37 are …

This paper estimates household preferences for ethanol as a gasoline substitute. I develop a theoretical model linking …