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This paper extends previous studies in modeling and estimating energy demand functions for both gasoline and kerosene … which primarily captures the price-income interaction effects on both gasoline and kerosene demand functions. While the … demand functions using more recent and robust techniques. In addition, the study considers an alternative model specification …
Persistent link: https://www.econbiz.de/10013100008
In this paper we quantitatively synthesize empirical estimates of the income elasticity of gasoline demand reported in … publication bias from the literature. Our results suggest that the income elasticity of gasoline demand is smaller than commonly … thought: the corrected estimate is 0.1 for the short run and 0.46 for the long run. -- gasoline ; income elasticity …
Persistent link: https://www.econbiz.de/10009742489
This paper extends previous studies in modeling and estimating energy demand functions for both gasoline and kerosene … which primarily captures the price-income interaction effects on both gasoline and kerosene demand functions. While the … demand functions using more recent and robust techniques. In addition, the study considers an alternative model specification …
Persistent link: https://www.econbiz.de/10009632662
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