Web Results

Gasoline prices tend to have little effect on demand for car travel ...

www.eia.gov/todayinenergy/detail.cfm?id=19191

Dec 17, 2014 ... Gasoline is a relatively inelastic product, meaning changes in prices have ... The price elasticity of motor gasoline is currently estimated to be in ...

Using gasoline data to explain inelasticity : Beyond the Numbers ...

www.bls.gov/opub/btn/volume-5/using-gasoline-data-to-explain-inelasticity.htm

Mar 8, 2016 ... This variation in the sensitivity to the price change is called elasticity. It is expected that the quantity of gasoline purchased is affected by the ...

What's the Price Elasticity of Demand for Gasoline? - Economics

economics.about.com/od/priceelasticityofdemand/a/gasoline_elast.htm

A brief overview of two meta-analyses of studies of the price elasticity of gasoline.

Finally, proof the demand for gas is inelastic - Environmental ...

www.env-econ.net/2007/12/finally-proof-t.html

Dec 18, 2007 ... From CNNMoney.com: Growth in gasoline demand has been ... Although less gas may be demanded the elasticity of the demand curve may ...

Price elasticity of gasoline, again - The Atlantic

www.theatlantic.com/business/archive/2008/05/price-elasticity-of-gasoline-again/3400/

May 7, 2008 ... A number of readers seem to be confused by my previous post on who gets the benefit of a gas tax holiday. If inelastic demand means that the ...

Gasoline price volatility and the elasticity of demand for gasoline

www.des.ucdavis.edu/faculty/Lin/gas_price_volatility_paper.pdf

our econometric model, gasoline price elasticity of demand is lower in magnitude in the long run. Keywords: gasoline demand elasticity, gasoline price volatility.

Environmental Economics: Gasoline demand is inelastic, says an ...

www.env-econ.net/2008/06/gasoline-demand.html

Jun 24, 2008 ...Gasoline has a demand curve that we would call 'inelastic,' which implies ... A lot of articles sort of imply that there is "a" short term elasticity, ...

Short-Run Gasoline Demand Elasticity - National Bureau of ...

www.nber.org/papers/w12530.pdf

Evidence of a Shift in the Short-Run Price Elasticity of Gasoline Demand. Jonathan E. Hughes, Christopher R. Knittel, and Daniel Sperling. NBER Working Paper ...

The End Of Elastic Oil - Forbes

www.forbes.com/sites/tomkonrad/2012/01/26/the-end-of-elastic-oil/

Jan 26, 2012 ... On the demand side, the elasticity of our demand for oil reflects the ... so we keep driving to work, and paying more for the gas to get there.

Inelastic Demand: Definition, Formula, Curve, Examples

www.thebalance.com/inelastic-demand-definition-formula-curve-examples-3305935

May 16, 2016 ... Inelastic demand is one of three types of demand elasticity. ... For example, gasoline is something that drivers need a certain amount of each ...

More Info

Look at These Prices!: What Determines Elasticity? - Infoplease

www.infoplease.com

However, any individual consumer's demand for gasoline can be elastic or inelastic, depending on their access to a substitute. Suppose the price of gasoline ...

Gasoline Prices, Consumers, and the Economy - Consumer Behavior

www.consumerpsychologist.com

The current gasoline prices are likely to have a large impact on consumer ... Economists generally talk about the “price elasticity” of certain products and will ...

Demand for gasoline is more price-inelastic than commonly thought

www.sciencedirect.com

One of the most frequently examined statistical relationships in energy economics has been the price elasticity of gasoline demand. We conduct a quantitative ...