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	Provedor de dados AgEcon (3) Autor Scott, K. Rebecca (2) Havranek, Tomas (1) Irsova, Zuzana (1) Janda, Karel (1) Palavra-chave Gasoline demand (3) Price elasticity (3) H30 (2) Q40 (2) Q41 (2) Q50 (2) R40 (2) Rational habits (2) Environmental Economics and Policy (1) Meta-analysis (1) Political Economy (1) Public Economics (1) Publication selection bias (1) Research Methods/ Statistical Methods (1) Resource /Energy Economics and Policy (1) Mais... Tipo do documento Working Paper (3) Ano 2012 (1) 2011 (2) País United States (3) Idioma Inglês (3)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 3 Primeira ... 1 ... Última Demand and price volatility: rational habits in international gasoline demand AgEcon Scott, K. Rebecca. Tipo: Working Paper Palavras-chave: Gasoline demand; Rational habits; Price elasticity; Environmental Economics and Policy; Public Economics; H30; Q40; Q41; Q50; R40. Ano: 2011 URL: http://purl.umn.edu/121931 Demand and price volatility: rational habits in international gasoline demand AgEcon Scott, K. Rebecca. The combination of habits and a forward outlook suggests that consumers will be sensitive not just to prices but to price dynamics. In particular, rational habits models suggest 1. that price volatility and uncertainty will reduce demand for a habit-forming good and 2. that such volatility will dampen demand’s responsiveness to price. These two implications can be tested by augmenting a traditional partial-adjustment or error-correction model of demand. I apply this augmented model to data on gasoline consumption, as rational habits provide a succinct representation for the investment and behavioral decisions that determine gasoline usage. The trade-o¤s among 2SLS, system GMM, and pooled mean group (PMG) estimators are considered, and my preferred PMG... Tipo: Working Paper Palavras-chave: Gasoline demand; Rational habits; Price elasticity; Research Methods/ Statistical Methods; H30; Q40; Q41; Q50; R40. Ano: 2012 URL: http://purl.umn.edu/122891 Demand for gasoline is more price-inelastic than commonly thought AgEcon Havranek, Tomas; Irsova, Zuzana; Janda, Karel. Demand for gasoline is more price-inelastic than commonly thought Abstract: One of the most frequently examined statistical relationships in energy economics has been the price elasticity of gasoline demand. We conduct a quantitative survey of the estimates of elasticity reported for various countries around the world. Our meta- analysis indicates that the literature suffers from publication selection bias: insignificant or positive estimates of the price elasticity are rarely reported, although implausibly large negative estimates are reported regularly. In consequence, the aver- age published estimates of both short- and long-run elasticities are exaggerated twofold. Using mixed effects multilevel meta-regression, we show that after correction for... Tipo: Working Paper Palavras-chave: Gasoline demand; Price elasticity; Meta-analysis; Publication selection bias; Political Economy; Resource /Energy Economics and Policy. Ano: 2011 URL: http://purl.umn.edu/120416 Registros recuperados: 3 Primeira ... 1 ... Última

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