Gasoline price volatility and the elasticity of demand for gasoline

European Gas Hubs Price Correlation

“…13 Petrovich (2013). 14 Lin and Prince (2013). 15 See Price Instability in the U.S. Natural Gas Industry -Historical Perspective and Overview http://bipartisanpolicy.org/sites/default/files/Introduction%20to%20North%20American%20Natural%20Gas%20Markets_0.pdf, P. 6 16 Alterman (2012), P. 1.…”

CO2 and energy efficiency car standards in the EU in the context of a decarbonisation strategy: A model-based policy assessment

“…Compared to the main reference scenario projection, we infer that, implicitly, the short-term price elasticity of final energy demand for cars in the EU is estimated to be -0.06, while the longrun price elasticity is À 0.11; both values are within the range estimated by Park and Zhao (2010) Hughes et al (2008). According to Lin and Prince (2013) price elasticity of demand has decreased in absolute terms over the past decade denoting that consumers are becoming significantly less responsive to changes in fossil fuel prices.…”

On the estimation of the price elasticity of electricity demand in the manufacturing industry of Colombia

“…Commodities such as oil and gasoline can be regarded as elastic in the short run (Lin & Prince, 2013;Neto, 2012;Arzaghi & Squalli, 2015). These goods can be considered as produced and traded in competitive markets.…”