Demand for oil products in the GCC countries

被引:20
|
作者
Alfaris, ARF
机构
[1] Economics Department, Faculty of Business and Economics, United Arab Emirates University, Al-ain
关键词
GCC; elasticity of demand; oil products;
D O I
10.1016/S0301-4215(96)00122-X
中图分类号
F [经济];
学科分类号
02 ;
摘要
The purpose of this study is to estimate the price and income elasticities of oil products demand in the GCC countries. Annual data spanning the period 1970-91 were fitted to a partial adjustment model to obtain the estimates, The main finding of the study is that both price and income are relatively inelastic in the short-run, and there has been a great variation in these elasticities among fuels and cross-country. Copyright (C) 1997 Elsevier Science Ltd.
引用
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页码:55 / 61
页数:7
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