Broadstock, David C.; Collins, Alan; Hunt, Lester C. - In: Journal of Economic Studies 38 (2011) November, pp. 528-536
fuel demand, make explicit the impact of the underlying energy demand trend, and disaggregate the estimation for gasoline … (for both gasoline and diesel), implying that price reductions do not induce demand for road transportation fuel in the UK …Purpose – The aim of this paper is to establish the role of asymmetric price decompositions in UK road transportation …