کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
996598 936307 2009 6 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
An empirical analysis of petroleum demand for Indonesia: An application of the cointegration approach
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی مهندسی انرژی و فناوری های برق
پیش نمایش صفحه اول مقاله
An empirical analysis of petroleum demand for Indonesia: An application of the cointegration approach
چکیده انگلیسی

This paper uses selection criteria from various models in a bounds testing approach to cointegration to estimate the price and income elasticities of demand for total petroleum products (gasoline and diesel) and gasoline share in total products in Indonesia. The results suggest that both total products and gasoline share estimates are more responsive to changes in income than changes in the real price of petroleum products. These results have important policy implications as they suggest that policy makers may need to use market-based pricing policies and other policies such as public enlightenment in addition to regulations like minimum energy efficiency standards to promote efficiency and conservation and curb the rising consumption of petroleum products in Indonesia.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Policy - Volume 37, Issue 11, November 2009, Pages 4391–4396
نویسندگان
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