Sudden Oil Price Changes: The Effect on US Gasoline Demand
OPEC Review: An Energy and Development Forum, XIX(3) Autumn 1995: 203-218
Posted: 27 Sep 2014
Date Written: 1995
This paper investigates the effect of gasoline price changes, due to supply shocks and large price rises, on gasoline consumption, as reflected in the price elasticity of demand.
Keywords: oil price changes, gasoline demand, non-parametric regression, price elasticity, United States
JEL Classification: D12, Q31
Suggested Citation: Suggested Citation