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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. Environmental Quality Laboratory Memorandum, 10. California Institute of Technology , Pasadena, CA. (Unpublished)

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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:© 1973 Environmental Quality Laboratory. California Institute of Technology. Supported in part by the National Science Foundation, Research Applied to National Needs (RANN), under Grant No. GI-29726.
Group:Environmental Quality Laboratory
Funding AgencyGrant Number
Series Name:Environmental Quality Laboratory Memorandum
Issue or Number:10
Record Number:CaltechEQL:EQL-M-10
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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
Deposited By: Imported from CaltechEQL
Deposited On:09 Dec 2009
Last Modified:03 Oct 2019 03:08

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