ECONOMETRIC ANALYSIS OF GASOIL DEMAND IN ROAD TRANSPORTATION SUBSECTOR- A COMPARISON OF COINTEGRATION AND STSM APPROACHES

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

AMADEH HAMID

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: ENERGY ECONOMICS REVIEW Year:2014 | Volume:10 | Issue:39 Page(s): 51-75

Download Full-Text

Persian Verion

View:

1,106

Download:

Cites:

Information Journal Paper

Title

ECONOMETRIC ANALYSIS OF GASOIL DEMAND IN ROAD TRANSPORTATION SUBSECTOR- A COMPARISON OF COINTEGRATION AND STSM APPROACHES

Author(s)

AMADEH HAMID | Issue Writer Certificate

Keywords

COINTEGRATIONQ2

PRICE ELASTICITYQ3

GASOILQ2

ROAD TRANSPORTQ2

ARDLQ2

STSMQ2

Abstract

Subsidized energy carriers’ prices has lead to increasing demand for them specially in transport sector. Due to enforcement of targeting subsidies plan, price of energy carriers and also GASOIL price will increase. Economic analysis of this increase need to modeling energy consumption reaction to price changes. In this paper GASOIL demand function has been estimated for Iranian ROAD TRANSPORT subsector. For modeling the GASOIL demand function Engle-Granger, Johansen and ARDL COINTEGRATION approaches and structural time series modeling (STSM) has been used. Results showed that GASOIL demand is price inelastic. Price and Income elasticities of GASOIL demand has been estimated -0.5 and 0.93 respectively. Estimated elasticities throught different techniques are not very different. Besides STSM results showed that GASOIL underlying demand trend isn’t stochastic and estimated elasticities by STSM are lower than COINTEGRATION approaches. Because GASOIL demand is price inelastic, in order to reducing GASOIL demand, relying on price policies would not be effective.

Cites

No record.

References

Cite

APA: Copy

AMADEH, HAMID. (2014). ECONOMETRIC ANALYSIS OF GASOIL DEMAND IN ROAD TRANSPORTATION SUBSECTOR- A COMPARISON OF COINTEGRATION AND STSM APPROACHES. ENERGY ECONOMICS REVIEW, 10(39), 51-75. SID. https://sid.ir/paper/99561/en

Vancouver: Copy

AMADEH HAMID. ECONOMETRIC ANALYSIS OF GASOIL DEMAND IN ROAD TRANSPORTATION SUBSECTOR- A COMPARISON OF COINTEGRATION AND STSM APPROACHES. ENERGY ECONOMICS REVIEW[Internet]. 2014;10(39):51-75. Available from: https://sid.ir/paper/99561/en

IEEE: Copy

HAMID AMADEH, “ECONOMETRIC ANALYSIS OF GASOIL DEMAND IN ROAD TRANSPORTATION SUBSECTOR- A COMPARISON OF COINTEGRATION AND STSM APPROACHES,” ENERGY ECONOMICS REVIEW, vol. 10, no. 39, pp. 51–75, 2014, [Online]. Available: https://sid.ir/paper/99561/en

Related Journal Papers