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In this paper we use multivariate cointegration analysis to estimate electricity demand elasticities at the subsectoral … industry level. This enables us to reap the benefits of lower heterogeneity within the electricity-consuming sectors … between 0.70 and 1.90 for economic activity and between –0.52 and zero for the price of electricity. The short …
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gasoline demand. We conduct a quantitative survey of the estimates of elasticity reported for various countries around the … the average short-run elasticity only -0.09 -- Gasoline demand ; Price elasticity ; Meta-analysis ; Publication selection …
Persistent link: https://www.econbiz.de/10008908934
This paper analyzes the response of international oil producers to demand-induced changes in the real price of oil … demand shocks within the same month, and that the corresponding impact price elasticities of supply are not statistically … different from zero. Although there is little evidence of a systematic response following a typical flow demand shock, the …
Persistent link: https://www.econbiz.de/10009793063
. Therefore, demand functions for energy and its components like gasoline have received much attention. However, since confidence … in the estimated demand functions is important for use in policy and forecasting, following Amarawickrama and Hunt (2008 …), this paper estimates the demand for gasoline is estimated with 6 alternative time series techniques with data from Fiji …
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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 … of these additional variables are found to be significant determinants of demand …
Persistent link: https://www.econbiz.de/10013066854
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