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Elasticity of demand for gasoline in the South Coast Air Basin

Schneider, Alan M. (1973) Elasticity of demand for gasoline in the South Coast Air Basin. California Institute of Technology , Pasadena, CA. (Unpublished) http://resolver.caltech.edu/CaltechEQL:EQL-M-10

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Abstract

An analysis of California gasoline sales was made, using Box and Jenkins' linear time series methods, in an attempt to detect the change due to a 17% change in price. There was no detectable change within the 2% noise limit of the method. Thus, either the elasticity is less than 2 parts in 17, and/or the tools must be further refined to detect it.


Item Type:Report or Paper (Technical Report)
Additional Information:Supported in part by the National Science Foundation, Research Applied to National Needs (RANN), under Grant No. GI-29726.
Group:Environmental Quality Laboratory
Record Number:CaltechEQL:EQL-M-10
Persistent URL:http://resolver.caltech.edu/CaltechEQL:EQL-M-10
Usage Policy:You are granted permission for individual, educational, research and non-commercial reproduction, distribution, display and performance of this work in any format.
ID Code:25759
Collection:CaltechEQL
Deposited By: Imported from CaltechEQL
Deposited On:09 Dec 2009
Last Modified:26 Dec 2012 13:47

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