Gasoline demand
Subtitle: a comparison of models
By: Mikael Franzén.
Series: Ekonomiska studier utgivna av Nationalekonomiska institutionen Handelshögskolan vid Göteborgs universitet ;; 49; Ekonomiska studier utgivna av Nationalekonomiska institutionen vid Göteborgs universitet ;; 49.
Publisher: Göteborgs universitet, Nationalekonomiska institutionen
Published: 1994
Place of publication: [Góteborg
Language: eng
Number of pages: 136
Subjects: Gasoline supply -- European Economic Community countries.; Gasoline supply -- Sweden.
Description: "This thesis analyses the short and long run gasoline demand elasticities in the OECD and for one country, [Sweden] it incorporates a more detailed analysis of the development of the vehicle stock. This thesis estimates and compares all the major traditional models using cross-section, time-series, and pooled methods on the same data set to analyze aggregate yearly gasoline consumption ... Also incorporates newer methods based on cointegration and Johansen VAR techniques. The focus of the study is then shifted towards the analysis and incorporation of the car stock in an attempt to build a vintage model to further our understanding of the adaptation process. Finally gasoline demand elasticities are used to explore the environmental effect (carbon emissions) of different gasoline taxation strategies for the OECD. The study shows that gasoline demand has a rather complex adaptation process and that this complexity is probably due to the inertia of the car stock ... As for the empirical conclusion it is clear that gasoline demand is quite sensitive to price particularly in the long run and that fuel taxes do have an important role to play in environmental policy."
Notes: Thesis (Ph. D.)--Göteborgs universitet, 1994.
Includes bibliographical references (p. 132-136).
Extra t.p. with thesis statement and English abstract inserted.