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Using co-integration techniques, we investigate the determinants of gasoline demand in Switzerland over the period 1970 …-2008. We obtain a very weak price elasticity of -0.09 in the short run and -0.34 in the long run. For fuel demand, i ….e. gasoline plus diesel, the corresponding price elasticities are -0.08 and -0.27. The rich dataset allows working with quarterly …
Persistent link: https://www.econbiz.de/10013066854
This paper examines the unexplored link between the prevalence of overweight and obesity and vehicle demand in the … of new vehicles demanded by 1.4 percent, an effect requiring a 12 cent increase in gasoline prices to counteract. The 2 …
Persistent link: https://www.econbiz.de/10013071048
We estimate a demand equation for petrol in Australia. We explore two methodological improvements to the standard … dynamic demand model-an improved lagged adjustment process and the inclusion of unobservable habits. Both of these …
Persistent link: https://www.econbiz.de/10012724245
to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline … estimates suggest that a 10% increase in gasoline prices from 2005 levels will generate a 0.22% increase in fleet fuel economy …
Persistent link: https://www.econbiz.de/10012758243
Daily city-level expenditures and prices are used to estimate the price responsiveness of gasoline demand in the U ….S. Using a frequency of purchase model that explicitly acknowledges the distinction between gasoline demand and gasoline … expenditures, we consistently find the price elasticity of demand to be an order of magnitude larger than estimates from recent …
Persistent link: https://www.econbiz.de/10012988518
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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 …
Persistent link: https://www.econbiz.de/10012720374
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