Showing 41 - 50 of 14,620
Consumption of high-ethanol gasoline blends must increase if United States renewable biofuel mandates are to rise above … no less than 15% gasoline. We derive the demand for E85 based on a model of motorists' preferences for motor fuel blends …
Persistent link: https://www.econbiz.de/10010939464
Most commercial gaseous and liquid fuels are mixtures of multiple chemical compounds. In recent years, these mixtures became even more complicated when the suppliers started to admix biofuels into the petrochemical basic fuels. As the properties of such mixtures can vary with composition, there...
Persistent link: https://www.econbiz.de/10011262970
Understanding how consumers respond to price increases is key when designing price-related policies. Using microdata on vehicle usage and paid fuel prices, I analyze consumers' response, focusing on three channels of mitigation: distance driven, fuel efficiency, and search. On average, consumers...
Persistent link: https://www.econbiz.de/10014504852
for the United States retail gasoline. We find that gasoline consumption is negatively related to the search for public …
Persistent link: https://www.econbiz.de/10012846488
We argue that single-equation dynamic demand models applied to estimating gasoline demand should account for the slow … evolution of unobservable habits and beliefs which partially determine vehicle and gasoline usage. Inclusion of unobservable …
Persistent link: https://www.econbiz.de/10014217718
Many empirical studies state that retail gasoline and diesel prices react more quickly when the crude oil price rises … gasoline and diesel reaction functions. The correspondent model is estimated with the system's generalised method of moments …. The model allows us to compute average one-gallon gasoline and diesel price biases from the increase in oil by one dollar …
Persistent link: https://www.econbiz.de/10014247636
recent policy debate about the impact of gasoline tax holidays on consumers' discretionary income, about the demand …We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … across U.S. states in the pass-through of oil price shocks to retail gasoline prices. We show that these differences are …
Persistent link: https://www.econbiz.de/10014250001
Consumers face significantly different gasoline prices across gas stations. Using gasoline price data obtained from 98 …,753 gas stations within the U.S., it is shown that such differences can be explained by a model utilizing the gasoline demand … gasoline price changes among consumers, where the welfare costs of an increase in gasoline prices are found to be higher for …
Persistent link: https://www.econbiz.de/10014130423
A large literature has argued that gasoline prices respond more rapidly to increases in oil prices than to decreases in … asymmetries. We then examine whether heterogeneous asymmetry results from city-level differences in (i) the demand for gasoline …, (ii) the supply of gasoline (proxied by the distance from Cushing, Oklahoma), or the cities' fiscal environments (proxied …
Persistent link: https://www.econbiz.de/10014048663
The pricing mechanism in the gasoline market has often been the subject of public debate inGreece during the crisis … is by testing for asymmetries in the adjustment of domestic gasoline prices to worldoil price changes. The present paper … has two aims: (a) The first is to investigate the existenceof asymmetric adjustment of gasoline prices to oil price …
Persistent link: https://www.econbiz.de/10014078076