Elasticities of gasoline demand in Switzerland

Baranzini, Andrea; Weber, Sylvain

doi:10.1016/j.enpol.2013.08.084

Cited by 53 publications

(36 citation statements)

References 34 publications

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“…Although the demand for gasoline is estimated income elastic, is inelastic in both bays. The speed of adjustment is low, at 28%, that of Baranzini and Weber (2013). Eltony and Al-Mutairi (1995) have argued that the demand for gasoline is the price and income inelastic in Kuwait, as development and production of oil country.…”

Section: Literature Reviewmentioning

confidence: 99%

Price and Income Elasticities of Fuel Demand in Kosova

Kastrati¹

2015

EJSD

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Gasoline and diesel are the main sources of fuel required for modern life and transportation, and the adjustment of gasoline and diesel prices has become a major public issue. The drastic fluctuations in recent international oil prices have affected retail gasoline and diesel prices also in the Western Balkan countries and prompted public opinion to question the pricing behaviors of oil companies. Kosova, in the period of 17 years, has gone from a post-conflict environment into a state which is considered to be under transition. It has passed the reconstruction period by orienting itself toward the economic development and European Integrations. Price and income elasticities of gasoline demand show whether the price policy, pursued by the Kosova government, can decrease the high gasoline consumption sufficiently or not. The high deficit of the current account of balance of payments is also a concern for the Kosova's economy; which is estimated up to 17.3% of the GDP after the foreign intervention. The deficit of current account is being considered is related to the energy dependency. Therefore, in order to overcome such problems, control over the gasoline demand is needed to control the deficit of current accounts.

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Section: Literature Reviewmentioning

confidence: 99%

Price and Income Elasticities of Fuel Demand in Kosova

Kastrati¹

2015

EJSD

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“…They showed that it is inelastic with respect to both price and income, over the short run and long run. The adjustment velocity is low, at −0.27, meaning a slow rate of adjustment to the long run equilibrium [10]. Wadud et al (2009) have obtained the elasticities in USA with cointegration technique.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Although the estimated gasoline demand is income elastic, it is price inelastic in both the spans. The adjustment velocity is low, at 28%, around that of Baranzini and Weber (2013) [10] [13]. Eltony and Al-Mutairi (1995) have argued that gasoline demand is price and income inelastic in Kuwait, as a developing and oil producing country [15].…”

Section: Literature Reviewmentioning

confidence: 99%

“…According to the previous studies, a static model [8], also referred to as "log linear model" [10], with cointegration technique [13] is employed to measure the price and income elasticities of gasoline demand which is as follows:…”

Section: Static Modelmentioning

confidence: 99%

“…Baranzini and Weber (2013) have estimated the price and income elasticities of gasoline demand in Switzerland, employing cointegrating equation and Error Correction Model (ECM). They showed that it is inelastic with respect to both price and income, over the short run and long run.…”

Section: Literature Reviewmentioning

confidence: 99%

See 2 more Smart Citations

Price and Income Elasticities of Gasoline Demand in Iran: Using Static, ECM, and Dynamic Models in Short, Intermediate, and Long Run

Taghvaee¹,

Hajiani²

2014

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Price and income elasticities of gasoline demand show whether the price policy, pursued by the Iranian government, can decrease the high gasoline consumption sufficiently or not. Since the two oil price shocks in 1970 and 1973, interest in the study of oil products demand has increased considerably, especially on gasoline. High gasoline consumption is a serious crisis in Iran, posing economically, politically, and environmentally threats. In this study, the elasticities are estimated over three intervals,

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Forecasting the consumption of gasoline in transport sector in pakistan based on ARIMA model

Bhutto

Bazmi

Qureshi

et al. 2017

Env Prog and Sustain Energy

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An important part of renewable energy strategy of any country is to find suitable transportation fuels to substitute for gasoline and diesel oil. Ethanol has been widely adopted as a substitute for gasoline and diesel oil. The quantity of ethanol required as renewable transport fuel is related to nature of gasoline and diesel demand. Based on data for 1991-2014, this study used autoregressive integrated moving average (ARIMA) method to estimate the consumption of gasoline in transportation sector in Pakistan from 2015 to 2025. The model results fit well with historical data showing high degree of accuracy. Study provides useful information for designing policy in favor of substituting gasoline with ethanol. Additionally, forecasted results provide useful support for designing an appropriate infrastructure and investment plan with reference to both gasoline and E10 in future. This study also provides a drive for existing refineries to focus on upgrading production configurations in order to increase the share of gasoline in their product-mix.

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Elasticities of gasoline demand in Switzerland

Cited by 53 publications

References 34 publications

Price and Income Elasticities of Fuel Demand in Kosova

Price and Income Elasticities of Fuel Demand in Kosova

Price and Income Elasticities of Gasoline Demand in Iran: Using Static, ECM, and Dynamic Models in Short, Intermediate, and Long Run

Forecasting the consumption of gasoline in transport sector in pakistan based on ARIMA model

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