Traditional least squares estimates of the responsiveness of gasoline consumption to changes in gasoline prices are … biased toward zero, given the endogeneity of gasoline prices. A seemingly natural solution to this problem is to instrument … for gasoline prices using gasoline taxes, but this approach tends to yield implausibly large price elasticities. We …

Least-squares estimates of the response of gasoline consumption to a change in the gasoline price are biased toward … zero, given the endogeneity of gasoline prices. A seemingly natural solution to this problem is to instrument for gasoline … prices using gasoline taxes, but this approach tends to yield implausibly large price elasticities. We demonstrate that …

gasoline prices in the United States. We provide a comprehensive overview of the key results and methodologies used to obtain … commodity prices and overall price dynamics; presents the research trends, thematic map and the conceptual structure map; and …

transportation and purchasing hybrid vehicles, to mitigate gasoline prices via their perceptions of the importance of selected …

oil, gasoline, heating oil, coal, natural gas, uranium and ethanol futures prices. This implies that the US major energy …