The demand for gasoline in South Africa: An empirical analysis using co-integration techniques

Akinboade, Oludele Akinloye; Ziramba, Emmanuel; Kumo, Wolassa L.

doi:10.1016/j.eneco.2008.05.002

Cited by 92 publications

(48 citation statements)

References 20 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Our procedure is easy to replicate for other countries and where necessary we shall quote some results with data from a recent study by Akinboade, Ziramba and Kumo (2008) on South Africa for the period 1978-2005. 7 Fiji is a small island country with a population of less than a million.…”

Section: Empirical Estimates With Alternative Methodsmentioning

confidence: 99%

“…We have selected a few recent studies on the demand for gasoline because most of the earlier studies have been adequately reviewed in some of these recent works like Amarawickrama and Hunt (2008) and Akinboade, Ziramba and Kumo (2008).…”

Section: Review Of Selected Previous Studiesmentioning

confidence: 99%

“…We have used a variant of the standard specification for the long run demand from a recent works of Akinboade, Ziramba and Kumo (2008) and Amarawickrama and Hunt (2008) We address 3 issues at the outset concerning the 3 variables in equation (1). These are (a) the order of integration of these 3 variables (b) the optimal order for VAR with these 3 variables and (c) whether y and p are weakly exogenous with respect to .…”

Section: Specification Unit Roots and Block Non-causalitymentioning

confidence: 99%

“…Alves and Bueno (2003) and Ramanthan have used the two step Engle and Granger (1987). Akinboade and Kumo (2008) …”

mentioning

confidence: 99%

See 3 more Smart Citations

Cointegration and the demand for gasoline

Rao

2009

Energy Policy

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may AbstractSince the early 1970s there has been a worldwide upsurge in the price of energy and in particular of gasoline. 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. Estimates with these 6 alternative techniques are very close and thus increase our confidence in them. We found that gasoline demand is both price and income inelastic.

show abstract

Section: Empirical Estimates With Alternative Methodsmentioning

confidence: 99%

Section: Review Of Selected Previous Studiesmentioning

confidence: 99%

Section: Specification Unit Roots and Block Non-causalitymentioning

confidence: 99%

“…Alves and Bueno (2003) and Ramanthan have used the two step Engle and Granger (1987). Akinboade and Kumo (2008) …”

mentioning

confidence: 99%

See 2 more Smart Citations

Cointegration and the demand for gasoline

Rao

2009

Energy Policy

View full text Add to dashboard Cite

show abstract

“…The most common assumption in the literature is that fuel price and income are the only explanatory variables for VKM demand [31][32][33]. However, considering that the number of vehicles explains some degree of the demand for travel, in this paper we choose price level, income level and vehicle stock as the determinants for passenger travel following the study by Odeck and Johansen [30].…”

Section: The Elasticity Modelmentioning

confidence: 99%

Are Chinese Green Transport Policies Effective? A New Perspective from Direct Pollution Rebound Effect, and Empirical Evidence From the Road Transport Sector

Qiu

2017

Sustainability

View full text Add to dashboard Cite

Air pollution has become a serious challenge in China. Emissions from motor vehicles have been found to be one main sources of air pollution. Although the Chinese government has undertaken numerous green policies to mitigate harmful emissions from road transport sector, it is still uncertain for both policy makers and researchers to know whether the policies are effective in the short and long terms. We propose a new concept of "pollution rebound effect" (PRE) to estimate the effectiveness of green traffic policies. We estimate direct air PRE as a measure of the effectiveness of the policies of reducing air pollution from the transport sector based on time-series data from the period 1986-2014. We find that the short-term direct air PRE is −0.4105, and the corresponding long-run PRE is −0.246. The negative results indicate that the direct air PRE does not exist in the road passenger transport sector in China, both in the short term and in the long term during the period 1986-2014. This implies that the Chinese green transport policies are effective in terms of harmful emissions reduction in the transport sector. This research, to the best of our knowledge, is the first attempt to quantify the effectiveness of the green transport policies in the transitional period that China is currently undergoing.

show abstract

Revisiting income and price elasticity of gasoline demand in India: new evidence from cointegration tests

Kanjilal

Ghosh

2017

Empir Econ

View full text Add to dashboard Cite

The demand for gasoline in South Africa: An empirical analysis using co-integration techniques

Cited by 92 publications

References 20 publications

Cointegration and the demand for gasoline

Cointegration and the demand for gasoline

Are Chinese Green Transport Policies Effective? A New Perspective from Direct Pollution Rebound Effect, and Empirical Evidence From the Road Transport Sector

Revisiting income and price elasticity of gasoline demand in India: new evidence from cointegration tests

Contact Info

Product

Resources

About