Income and price elasticities
Air Transportation Income and Price Elasticities in Remote Areas: The Case of Brazilian Amazon Region
... the price formation process and the demand regarding passenger air transportation in the two most populous and fastest-growing economic countries in the last decades: China and ...the ...
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AN INVESTIGATION INTO THE RELATIONSHIP BETWEEN ENERGY CONSUMPTION AND GDP IN THE OECD COUNTRIES
... The results of the Johansen Fisher cointegration tests are presented in tables 6 to 9 respectively. The test was carried out with and without a time trend to observe its effect on the results. For both models, results ...
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Price and Income Elasticities of Gasoline Demand in Iran: Using Static, ECM, and Dynamic Models in Short, Intermediate, and Long Run
... and income elasticities of gasoline demand show whether the price policy, pursued by the Iranian government, can decrease the high gasoline consumption sufficiently or ...oil price shocks in ...
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THE ESTIMATION OF THE AUTOMOTIVE FUEL DEMAND IN IRAN: ALMOST IDEAL DEMAND SYSTEM APPROACH
... estimate price and income elasticities for all the available fuels in the automotive sector: gasoline, automotive gas oil and Liquefied Petroleum Gas ...of price policies designed to reduce ...
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Meta-analysis of alcohol price and income elasticities – with corrections for publication bias
... The present paper departs in several important ways compared to prior analyses of alcohol demand elasticities. First, the literature search uncovered a number of alcohol demand studies that were not included in ...
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On the Estimation of Supply and Demand Elasticities of Agricultural Commodites
... The number of parameters to estimate for the LES is rather limited. This desirable characteristic is due to the restrictiveness of the linearity. However, there is no free lunch. The LES suffers of several limitations: ...
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An Econometric Analysis of Aggregate Outbound Tourism Demand of Turkey
... the elasticities of the outbound tourism demand equation with respect to income and relative prices both in the short-run and long-run by employing the ARDL cointegration ...of elasticities are in ...
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Consumer demand for alcoholic beverages in Switzerland: a two-stage quadratic almost ideal demand system for low, moderate, and heavy drinking households
... of price elasticities is crucial. However, price policies may be superfluous if changing income level affects consumption (Aepli and Finger 2013; Gallet ...of income elasticities ...
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Economics of Household Demand for African Breadfruit (Treculia Africana) in Owerri Agricultural Zone of IMO STATE, Nigeria
... estimate price, income and cross- price elasticities of demand for African ...and price of substitute will lead to an increase in quantity demanded of African ...
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Application of Rotterdam demand system to Irish data
... Abstract: A demand model which works in logarithmic first differences is applied to data from the Irish economy to estimate price and income elasticities.. Six commodity-groups are used.[r] ...
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Electricity Demand in MENA Countries: A Panel Cointegration Analysis
... electricity price ($US/kWh). The expected sign on the electricity price is negative; lnY is the natural log of real income per ...real income per capita is expected to increase electricity ...
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Measuring Long Run Price Elasticities in Urban Travel Demand
... Notes : Each raw presents a different regression, where the dependent variable is the natural logarithm of the variable indicated in the first column. In each regression, vehicle counts from all ATRs that collect ...
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Electricity Demand Analysis Using Cointegration and ARIMA Modelling: A case study of Turkey
... constant elasticities for the entire sample period under ...estimating elasticities based on this analysis, which enables full analysis of the properties of the relevant data before actual ...
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Natural gas demand in Turkey
... assumption(s) and, of course, there is a direct link between the accuracy of the forecast and the validity of the underlying assumption(s). The main assumption behind ARIMA modelling is that the already existing trends ...
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Engel curves for residential electricity
... Where H = residence size A = stock of electrical appliances The authors term price and income elasticities derived from the long run and short run specifications, as "total" and "partial[r] ...
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Some estimates for income elasticities of leisure activities in the United States
... The purpose of this paper is to put in place a re-examination of how the consumer’s allocation of time to leisure activities reacts to variations in income. To this aim, we start in Section 2 by briefly discussing ...
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Energy Elasticities: Responsiveness of Demands for Fuels to Income and Price Changes
... Research on fucl elasticities using Irish Household Budget Survey data commenced with Leser 1962 who fitted expenditure-income relationships Engel curves to data from the 1951-52 survey [r] ...
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Estimates of the Price Elasticities of Natural Gas Supply and Demand in the United States
... various elasticities, leaving the combinations which meet both sign and elasticity ...cases price elasticities of demand which are positive and price elasticities of supply which are ...
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Exploring the effect of economic growth and government expenditure on the environment
... higher income levels, cutting government expenditures leads to improvements in both income and environmental quality, while our results suggest that these effects are even greater in the ...with ...
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Estimating Price Elasticities of Supply for Cotton: A Structural Time Series Approach
... the price of cotton, P o refers to a vector of prices for goods that are substitutes or complements with cotton in consumption, P i is a vector of input prices, µ is a trend, the D terms are dummies designed to ...
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