Understanding the sensitivity of gasoline demand to changes in prices and income has important implications for policies related to climate change, optimal taxation and national security, to name only a few. While the short-run price and income elasticities of gasoline demand in the United States have been studied extensively, the vast majority of these studies focus on consumer behavior in the...

Rebound effects measure the behaviorally induced offset in the reduction of energy consumption following efficiency improvements. Using both panel estimation and quantile regression methods on household travel diary data collected in Germany between 1997 and 2009, this study investigates the heterogeneity of the rebound effect in private transport. With the average rebound effect being in the r...

The main objective of this paper is to analyse residential demand by traffic destination, using a translogarithmic indirect utility function. We focus on five traffic directions, in order to construct a model adapted to evaluate the characteristics of telecommunications demand in a competitive market. The resulting price elasticities express high reactivity to own price changes for the main tra...

This study aims to determine tourism demand elasticities by income and prices of regions, as well total international markets. It is deployed a 10 major source markets two separate from Asia intercontinental Vietnam. The results data analysis for the period 1995–2019 using nonlinear panel ARDL approach show that Asian Vietnam strongly elastic, but relatively price inelastic. Tourism in less ela...

Marital Status and Full-time/Part-time Work Status in Child Care Choices Using recent SIPP data, we estimate two econometric models to study the differences in the effect of child care costs on employment status and differences in the mode of child care used controlling for employment status. For both married and single women, full-time employment is more elastic with respect to changes in the ...

This paper provides an analysis of technical and economic interrelationships among species harvested in Hawaii’s pelagic longline fishery. The results indicate that this multispecies fishery is characterized by a joint production process, meaning that the regulation of one species would affect the harvest of other species. It implies that a single species regulation may not be appropriate in ma...

We explore a methodological improvement to the standard dynamic demand model for petrol–a general model which allows for slowly evolving, unobservable habits. If this habit formation model is correct, then standard estimation techniques produce inconsistent estimates. We find price elasticities of -0.13 (short-run) and -0.20 (long-run). Importantly, standard techniques are misleading about the ...

Using retail purchase data reported by Nielsen‘s Homescan panel this study investigates the U.S. demand for organic and conventional fresh fruits. The study fills an important research void by estimating the much needed income and price elasticities for organic and conventional fruits utilizing a censored demand approach. Household income is found to affect organic fruit consumption. Consumers ...

Understanding the sensitivity of gasoline demand to changes in prices and income has important implications for policies related to climate change, optimal taxation and national security, to name only a few. While the short-run price and income elasticities of gasoline demand in the United States have been studied extensively, the vast majority of these studies focus on consumer behavior in the...