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estimators are more reliable than common IV/GMM estimators applied to our small data set. -- dynamic panel data ; gasoline demand …This study utilizes a panel data set from 14 European countries over the period 1990-2004 to estimate a dynamic model … specification for gasoline and diesel demand. Previous studies estimating gasoline consumption per total passenger cars ignore the …
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this demand has been the shift, in Spain as in large part of Europe, from gasoline-powered to diesel-powered vehicles. In … this paper an econometric analysis of how this shift can affect both gasoline and diesel consumption pattern is provided …, by applying 5 different estimators to a modified habit-persistence model. Data come from a panel composed by the …
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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:...
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