کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5065884 1476729 2008 8 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The demand for gasoline in South Africa: An empirical analysis using co-integration techniques
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی انرژی (عمومی)
پیش نمایش صفحه اول مقاله
The demand for gasoline in South Africa: An empirical analysis using co-integration techniques
چکیده انگلیسی

Using the recently developed Autoregressive Distributed Lag (ARDL) bound testing approach to co-integration, suggested by Pesaran et al. (Pesaran, M.H., Shin, Y., Smith, R.J. Bounds Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometrics 2001; 16(3) 289-326), we empirically analyzed the long-run relationship among the variables in the aggregate gasoline demand function over the period 1978-2005. Our study confirms the existence of a co-integrating relationship. The estimated price and income elasticities of − 0.47 and 0.36 imply that gasoline demand in South Africa is price and income inelastic.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Economics - Volume 30, Issue 6, November 2008, Pages 3222-3229
نویسندگان
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