IDEAS home Printed from https://ideas.repec.org/a/bla/opecrv/v38y2014i4p445-468.html
   My bibliography  Save this article

Impact of economic and non-economic factors on gasoline demand: a varying parameter model for Sweden and the UK

Author

Listed:
  • Amin Karimu

Abstract

This paper investigated the impact of price, income and non-economic factors on gasoline demand using a structural time series model. The results indicated that non-economic factors did have an impact on gasoline demand and also one of the largest contributors to changes in gasoline demand in both countries, especially after the 1990s. The results from the time-varying parameter model indicated that both price and income elasticities were varying over time, but the variations were insignificant for both Sweden and the UK. The estimated gasoline trend also showed a similar pattern for the two countries, increasing continuously up to 1990 and taking a downturn thereafter.

Suggested Citation

  • Amin Karimu, 2014. "Impact of economic and non-economic factors on gasoline demand: a varying parameter model for Sweden and the UK," OPEC Energy Review, Organization of the Petroleum Exporting Countries, vol. 38(4), pages 445-468, December.
    • Handle: RePEc:bla:opecrv:v:38:y:2014:i:4:p:445-468
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/opec.12035
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Liddle, Brantley & Hasanov, Fakhri J. & Parker, Steven, 2022. "Your mileage may vary: Have road-fuel demand elasticities changed over time in middle-income countries?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 165(C), pages 38-53.
    2. Atalla, Tarek N. & Gasim, Anwar A. & Hunt, Lester C., 2018. "Gasoline demand, pricing policy, and social welfare in Saudi Arabia: A quantitative analysis," Energy Policy, Elsevier, vol. 114(C), pages 123-133.
    3. Liddle, Brantley, 2023. "Is timing everything? Assessing the evidence on whether energy/electricity demand elasticities are time-varying," Energy Economics, Elsevier, vol. 124(C).
    4. Dilaver, Zafer & Hunt, Lester C., 2021. "Modelling U.S. gasoline demand: A structural time series analysis with asymmetric price responses," Energy Policy, Elsevier, vol. 156(C).
    5. Malik, Afia, 2018. "Fuel Demand in Pakistan's TRansport Sector," MPRA Paper 103455, University Library of Munich, Germany.
    6. Liddle, Brantley & Parker, Steven, 2022. "One more for the road: Reconsidering whether OECD gasoline income and price elasticities have changed over time," Energy Economics, Elsevier, vol. 114(C).
    7. Amin Karimu & Samuel Salia & Javed J. Hussain, 2021. "The impact of refinery and oil demand shocks on the motor fuel market in Sweden," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 4862-4878, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:opecrv:v:38:y:2014:i:4:p:445-468. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1111/%28ISSN%291753-0237 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.