Demand for gasoline : a comment on the cross-section analysis by Drollas. Energy Economics.

Stuart Wabe, J.

1987

SEPARATA
76

A recent article [1] use data for 1977 from different countries to estimate the long-run price elasticity of demand for gasoline. Some aspects can be criticized, particularly the interpreation of the results and the model used. An alternative is developed which accepts that the key factor influencing gasoline consumption is the stop of cars. However, energy use per car will vary depending on the size of the country and its average income and price of fuel. This model gives a non-linear equation which is estimated using the same data. All the coefficients are significant with the price elasticity being inelastic.

GENERAL; DEMANDA DE ENERGIA; GASOLINA; POLITICA ENERGETICA; ELASTICIDADES;