首页> 外文期刊>OPEC energy review >Asymmetries in US demand for gasoline
【24h】

Asymmetries in US demand for gasoline

机译:美国汽油需求不对称

获取原文
获取原文并翻译 | 示例
       

摘要

Many studies have investigated the asymmetric responses of energy demand to changes in income and price. In estimating the US demand function for gasoline, we also consider consumer sentiment as a determining factor. In line with the income ratchet effect in consumption, our findings for 1991Q1-2015Q1 indicate that gasoline demand asymmetrically responds to deviation of income from its long-run trend. Similar asymmetric responses are found with respect to deviation of consumer sentiment from its long-run trend. In contrast, gasoline demand responds symmetrically to the deviation of price from its long-run trend and to the gap between actual and desired spending. Further results indicate that gasoline demand is price-inelastic, income-inelastic and inelastic with respect to consumer sentiment both in the short and long run.
机译:许多研究调查了能源需求对收入和价格变化的不对称响应。在估算美国的汽油需求函数时,我们还将消费者情绪视为决定因素。与消费中的收入棘轮效应相一致,我们对1991Q1-2015Q1的研究结果表明,汽油需求对收入偏离其长期趋势的反应不对称。对于消费者情绪与其长期趋势的偏离,发现了类似的不对称响应。相反,汽油需求对价格与其长期趋势的偏差以及实际与期望支出之间的差距做出对称响应。进一步的结果表明,就短期和长期而言,就消费者情绪而言,汽油需求具有价格弹性,收入弹性和弹性。

著录项

  • 来源
    《OPEC energy review》 |2016年第2期|112-124|共13页
  • 作者单位

    Department of Economics, School of Business Administration, American University of Sharjah, P.O. Box 26666, Sharjah, UAE;

    Department of Economics, School of Business Administration, American University of Sharjah, P.O. Box 26666, Sharjah, UAE;

    Department of Economics, School of Business Administration, American University of Sharjah, P.O. Box 26666, Sharjah, UAE;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号