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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 …
Persistent link: https://www.econbiz.de/10010484038
Oil and its derivatives are very important goods in the world, not only because of their huge use but also because the consequences of that use. The literature has plenty of works with economic analysis of the use of oil. Having available a huge amount of data, we propose an innovative approach:...
Persistent link: https://www.econbiz.de/10012796030
The aim of this paper is to identify the path of the gasoline price elasticity, ethanol price elasticity, ethanol-gasoline … cross-price elasticity and the gasoline-ethanol cross-price elasticity for the flex-fuel vehicle market, as well as to … discuss the taxation policies impact of the Economic Domain Intervention Contribution (CIDE) on the ethanol and gasoline …
Persistent link: https://www.econbiz.de/10012305467
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months, starting on 1 June 2022. Using the synthetic control method to compare actual prices of gasoline and diesel to those …
Persistent link: https://www.econbiz.de/10013380895
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