Survey Effect of Province Prejudice of Petroleum Price on It's Consumption and Enforce Different Price Scenarios

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VARAHRAMI VIDA; ARABMAZAR ABBAS; Torkian Saeedeh

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Journal: Journal of Quantitative Economics Year:2019 | Volume:16 | Issue:1 Page(s): 127-146

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Information Journal Paper

Title

Survey Effect of Province Prejudice of Petroleum Price on It's Consumption and Enforce Different Price Scenarios

Author(s)

VARAHRAMI VIDA | ARABMAZAR ABBAS | Torkian Saeedeh | Issue Writer Certificate

Keywords

Petroleum ConsumptionQ3

Price PrejudiceQ2

Dynamic PanelQ1

Price Elasticity of Petroleum DemandQ1

Abstract

Improvement of consumption pattern is the best way for decrease energy consumption. In this paper, for aim of identification wasteful and useless provinces, from Dynamic Panel method for period of 2006-2014 is used for useless and wasteful provinces and survey prejudice between provinces with comparison of price elasticities of petroleum demand. Equivalent value method is used to survey effects of petroleum price increasing in different scenarios. Results reveal that in short run with one percent increase in petroleum price, it's consumption decreases 0/23% in wasteful provinces and 0/18% in useless provinces. EV in useless provinces ise^(33/11) and e^(67/65)in wasteful provinces which shows that petroleum consumers perceive from rise of petroleum real price in wasteful provinces more than useless provinces. Therefore Petroleum Consumption is affected in different provinces with Price Prejudice.

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APA: Copy

VARAHRAMI, VIDA, ARABMAZAR, ABBAS, & Torkian, Saeedeh. (2019). Survey Effect of Province Prejudice of Petroleum Price on It's Consumption and Enforce Different Price Scenarios. JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW), 16(1 ), 127-146. SID. https://sid.ir/paper/392601/en

Vancouver: Copy

VARAHRAMI VIDA, ARABMAZAR ABBAS, Torkian Saeedeh. Survey Effect of Province Prejudice of Petroleum Price on It's Consumption and Enforce Different Price Scenarios. JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW)[Internet]. 2019;16(1 ):127-146. Available from: https://sid.ir/paper/392601/en

IEEE: Copy

VIDA VARAHRAMI, ABBAS ARABMAZAR, and Saeedeh Torkian, “Survey Effect of Province Prejudice of Petroleum Price on It's Consumption and Enforce Different Price Scenarios,” JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW), vol. 16, no. 1 , pp. 127–146, 2019, [Online]. Available: https://sid.ir/paper/392601/en

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