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Gasoline, Diesel and Motorfuel Demand in Taiwan

Author

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  • Christopher Garbacz

Abstract

The logarithmic flow models generate elasticity estimates for prices that generally exceed estimates of recent studies both for the short run and the long run. This holds true over gasoline, diesel, and total motorfuel models. The linear gasoline results for price elasticity are in the range of previous estimates. In the logarithmic stock flow models, estimates of gasoline price elasticity exceed both short- and long-run estimates of previous studies. The liner stock flow model generates a price elasticity that is no different than zero (statistically) and an income elasticity that appears to be large in the short-ran.

Suggested Citation

  • Christopher Garbacz, 1989. "Gasoline, Diesel and Motorfuel Demand in Taiwan," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 153-163.
    • Handle: RePEc:aen:journl:1989v10-02-a10
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    Cited by:

    1. Khalid Kisswani, 2014. "OPEC and political considerations when deciding on oil extraction," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 38(1), pages 96-118, January.
    2. Nagy Eltony, M., 1996. "Demand for gasoline in the GCC: an application of pooling and testing procedures," Energy Economics, Elsevier, vol. 18(3), pages 203-209, July.
    3. Chandrasiri, Sunil, 2006. "Demand for road-fuel in a small developing economy: The case of Sri Lanka," Energy Policy, Elsevier, vol. 34(14), pages 1833-1840, September.
    4. Li, Jun, 2011. "Decoupling urban transport from GHG emissions in Indian cities--A critical review and perspectives," Energy Policy, Elsevier, vol. 39(6), pages 3503-3514, June.

    More about this item

    JEL classification:

    • F0 - International Economics - - General

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