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specification for gasoline and diesel demand. Previous studies estimating gasoline consumption per total passenger cars ignore the … estimators are more reliable than common IV/GMM estimators applied to our small data set. -- dynamic panel data ; gasoline demand …
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This paper develops a new method for estimating the demand function for gasoline and the deadweight loss due to an … economic theory to improve the precision of a nonparametric estimate of the demand function. Using data from the U.S. National … Household Travel Survey, we show that the restrictions are consistent with the data on gasoline demand and remove the anomalous …
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