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The evaluation of the impact of an increase in gasoline tax on demand relies crucially on the estimate of the price … specification for gasoline demand, we obtain a measure of gasoline price elasticity that circumvents the implausible price effects … elasticity. This paper presents an extended application of the Partially Linear Additive Model (PLAM) to the analysis of gasoline …
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Understanding the sensitivity of gasoline demand to changes in prices and income has important implications for … income elasticities of gasoline demand in the United States have been studied extensively, the vast majority of these studies …, we compare the price and income elasticities of gasoline demand in two periods of similarly high prices from 1975 to 1980 …
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