AN EMPIRICAL-ANALYSIS OF GASOLINE DEMAND IN DENMARK USING COINTEGRATION TECHNIQUES

被引：61

作者：

BENTZEN, J

机构：

[1] Department of Applied Economics, The Aarhus School of Business, DK-8210 Aarhus V

来源：

ENERGY ECONOMICS | 1994年 / 16卷 / 02期

关键词：

GASOLINE DEMAND; ELASTICITIES; ERROR-CORRECTION MODEL;

D O I：

10.1016/0140-9883(94)90008-6

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Danish time-series data covering the period 1948-91 are used in order to estimate short-run and long-run elasticities in gasoline demand. A cointegration test for a stable long-run relationship between the variables in the model proves to be positive, showing a smaller value of the long-run price elasticity than often quoted in empirical studies of gasoline demand. Finally, an error correction model is estimated.

引用

页码：139 / 143

页数：5

共 10 条

[1]

[Anonymous], 1990, ENERGY J, DOI DOI 10.5547/ISSN0195-6574-EJ-V0L11-N03-3

[2]

CHAREMZA WW, 1990, NEW DIRECTIONS ECONO

[3]

DAHL CA, 1990, 132 GOT U MEM

[4]

DARGAY JM, 1988, DEMAND PETROLEUM PRO

[5]

DROLLAS LP, 1984, ENERGY EC JAN, P71

[6] COINTEGRATION AND ERROR CORRECTION - REPRESENTATION, ESTIMATION, AND TESTING [J].

ENGLE, RF ;

GRANGER, CWJ .

ECONOMETRICA, 1987, 55 (02) :251-276

[7]

KOURIS G, 1983, ENERG ECON, P89

[8] ESTIMATING LONG-RUN ECONOMIC EQUILIBRIA [J].

PHILLIPS, PCB ;

LORETAN, M .

REVIEW OF ECONOMIC STUDIES, 1991, 58 (03) :407-436

[9]

SCHIPPER L, ENERGY USE DENMARK I

[10]

WASSERFALLEN W, 1988, ENERG ECON, P276

← 1 →