Short-run price and income elasticity of gasoline demand
We empirically estimate the demand for gasoline in the presence of multiple shifts caused by structural breaks using monthly data from Lebanon covering the period 2000:M1–2010:M12. Consistent with most studies in the literature, our study reports that gasoline is price and income inelastic in the sh...
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| Format: | article |
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2012
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| Online Access: | http://hdl.handle.net/10725/2974 http://dx.doi.org/10.1016/j.enpol.2012.03.041 http://www.sciencedirect.com/science/article/pii/S0301421512002467 |
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