Are demand elasticities affected by politically determined tax levels? Simultaneous estimates of gasoline demand and price

Carbon Tax Salience and Gasoline Demand

We demonstrate that the carbon tax imposed by the Canadian province of British Columbia, a unique carbon pricing policy that comprehensively applies to all fossil fuels, caused a decline in short-run gasoline demand that is significantly greater than would be expected from an equivalent increase in the market price of gasoline. That the carbon tax is more salient, or yields a larger change in d...

Price and Expenditure Elasticities of Demand for Domestic Tourism in Iran: The Case of Hamedan Province1

Domestic tourism has an important role in socio-economic development in several ways including creating jobs and improving income distribution. Although several researcheshave been done on tourism demand, a small proportion of them have been on domestic tourism. In this paper, the price and expenditure elasticities of the household demand for domestic tourism in Iran, focusing on the case of Ha...

Price and income elasticities of demand for red meat in iran 1959-1986

Gasoline price volatility and the elasticity of demand for gasoline 1

We examine how gasoline price volatility impacts consumers’ price elasticity of demand for gasoline. Results show that volatility in prices decreases consumer demand for gasoline in the intermediate run. We also find that consumers appear to be less elastic in response to changes in gasoline price when gasoline price volatility is medium or high, compared to when it is low. Moreover, we find th...

Demand Elasticities for Highway Travel

An elasticity summarizes a large amount of information in a single number. Levels and distribution of incomes, price levels of the specific good and of substitute and complementary goods, preferences and tastes, transaction costs, etc., can, ceteris paribus, affect the measured value of any particular demand-price elasticity. The elasticity concept normalizes for the measurement scales (e.g., p...