文档介绍：Energy Economics 25 (2003) 201–214
Elasticities of demand for gasoline in Canada and
the United States
. Nicol*
Department of Economics, The University of Lethbridge, Lethbridge, Alberta, T1K 3M4, Canada
Abstract
Fluctuations in the world price of oil, the concern with greenhouse gas emissions and the
efforts to revive the 1997 Kyoto Protocol have resulted in renewed interest in the estimation
of elasticities of demand for gasoline. In this paper, plete system of demand equations
is estimated, including an equation for the demand for gasoline. Canadian family expenditure
(FAMEX) and United States consumer expenditure (CEX) survey data are used. Household–
level data permits estimation of elasticities for various household groups. Also, differences
in demand responsiveness to own-price and e changes are estimated for different
regions in Canada and the United States. Demand is found to be own-price and e
inelastic, on the whole, as reported in earlier studies. There is also variation in these
elasticities across regions of Canada and the United States. However, larger differences are
observed with respect to household size and housing tenure, than to region of residence.
ᮊ 2003 Elsevier Science . All rights reserved.
JEL classifications: C3; D1
Keywords: Elasticities; Gasoline demand
1. Introduction
There has always been a significant amount of interest in the estimation of
demand models for gasoline. These studies have often focused on demand estimation
as a means of obtaining estimates of own-price and e elasticities of demand
for gasoline. Dahl and Sterner (1991) recently surveyed this extensive literature.
After they stratified studies by data and model type, results indicated a fairly
*Corresponding author.
E-mail address: ******@ (. Nicol).
0140-9883/03/$ - see front matter ᮊ 2003 Elsevier Science . All rights reserved.
PII: S0140-9883Ž 03. 00002-1
202 . Nicol / Energy Economics 25 (2003) 201–214
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