Showing 1 - 10 of 2,059
The relationship between gasoline prices and the demand for vehicle fuel efficiency is important for environmental … if consumers respond to gasoline prices. We derive a reduced-form regression equation from theoretical micro … vehicle prices generally decline in the gasoline price. The decline is larger for inefficient vehicles, and the prices of …
Persistent link: https://www.econbiz.de/10008542276
allow me to develop suggested price and income elasticities for gasoline and diesel demand for over one hundred countries. I …Price and income elasticities of transport fuel demand have numerous applications. They help forecast increases in fuel … why hundreds of studies have focused on measuring such elasticities for gasoline and diesel fuel consumption. In this …
Persistent link: https://www.econbiz.de/10010572860
In the article different types of price elasticity and the features of their calculation are considered. Also the model of accounting price elasticity for a guide to future profits of the company is described.
Persistent link: https://www.econbiz.de/10010857483
The main purpose of this study is proving how using the Household Income and Expenditure National Survey, ENIGH, can deliver contradictory estimations for price elasticities, according to the assumptions made about the goods being analyzed. This work used data for 2008, 2010 and 2012 for making...
Persistent link: https://www.econbiz.de/10010938035
This paper looks at the economy-wide demand and the firm level demand for electricity in Pakistan. The economy wide … estimation of electricity demand uses panel data from 63 countries from 1998-2008, and finds that the elasticity of demand for … lead to a 0.69% increase in the demand for electricity. The firm level analysis uses firm level data from the World Bank …
Persistent link: https://www.econbiz.de/10010556760
scanner data to estimate an incomplete demand system for dairy products. We use these estimates to simulate substitution among … groups. While we find little difference in own- and cross-price substitution elasticities of demand, the welfare effects of …
Persistent link: https://www.econbiz.de/10008592520
of the price elasticity of demand have the potential to further confuse students, as do elasticity estimates that are … dated and inappropriate. Principles instructors could better explain the price elasticity of demand by concentrating on the … price-quantity point on a demand curve and the mid-point formula, while avoiding rotating demand curves and relying less on …
Persistent link: https://www.econbiz.de/10008599097
Persistent link: https://www.econbiz.de/10005615752
This paper uses recent data to measure the role of income and relative prices in determining the demand for four types …
Persistent link: https://www.econbiz.de/10010769480
demand for golf, nor the benefits received by the golfers themselves. Using a survey of Colorado golfers at 19 golf courses … and a relatively novel hybrid individual observation and zonal travel cost model, the authors find the demand for golf is … rounds of golf is $143.8 million. The authors find a ``U'' shaped quadratic relationship between age and golf demand, such …
Persistent link: https://www.econbiz.de/10010778332