In recent years, the price and income elasticity of fuel demand in South Africa has featured prominently in energy and competition policy proceedings and in major corporate planning projects. The paper investigates the price and income elasticity of gasoline (petrol), diesel and jet fuel demand...

Market definition is the first step in an antitrust case and relies on empirical evidence of substitution patterns. Cross-price elasticity estimates are preferred evidence for studying substitution patterns, due to advances in IO econometric modelling. However, the data and time requirements of...

Most historians regard the Cape Colony of the seventeenth and eighteenth centuries as an impoverished and destitute settlement, primarily because of the many restrictions and prohibitions enforced by the Dutch East India Company, who founded the Cape settlement as a refreshment station for its...