Do Gasoline Demand Elasticities Vary?: Comment

The author demonstrates that estimates made in an earlier article by Carol Dahl on the constancy of price elasticity of world gasoline demand have some econometric problems because of two variables used in the estimation. Dahl assumes the exogeneity of gasoline prices on two bases: (1) each country...

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Veröffentlicht in:	Land Econ.; (United States) 1985-05, Vol.61 (2), p.198-200
1. Verfasser:	Yang, Bong M.
Format:	Artikel
Sprache:	eng
Schlagworte:	02 PETROLEUM 020700 - Petroleum- Economics, Industrial, & Business Aspects 294002 - Energy Planning & Policy- Petroleum Automobiles Comment and Reply DEMAND DEMAND FACTORS ECONOMETRICS ECONOMIC ELASTICITY ECONOMICS ENERGY DEMAND ENERGY PLANNING, POLICY AND ECONOMY Estimation bias Estimation methods FUELS GASOLINE Gasoline price controls Gasoline prices LIQUID FUELS MARKET Market prices MATHEMATICS Maximum likelihood estimation PETROLEUM PRODUCTS PRICES REGRESSION ANALYSIS STATISTICS Supply and demand
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