The systemic, long-run relation among gasoline demand, gasoline price, income, and vehicle ownership in OECD countries: Evidence from panel cointegration and causality modeling

被引:40
|
作者
Liddle, Brantley [1 ]
机构
[1] Victoria Univ, Melbourne, Vic 8001, Australia
关键词
Gasoline demand elasticities; Gasoline consumption in OECD countries; Car ownership; UNIT-ROOT TESTS; ERROR-CORRECTION; FUEL;
D O I
10.1016/j.trd.2012.01.007
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This paper looks at relationships between gasoline consumption per capita, income, gasoline price, and car ownership for a panel of OECD countries. Estimated long-run and short-run income elasticities are smaller than typically found and gasoline consumption is Granger-caused by gasoline price, but not by car ownership or income. Car ownership is Granger-caused by income and at the margin by gasoline consumption, but not by gasoline price. (C) 2012 Elsevier Ltd. All rights reserved.
引用
收藏
页码:327 / 331
页数:5
相关论文
共 11 条