Journal article
The demand for gasoline: a two stage approach
Abstract
The demand for gasoline has typically been estimated using a reduced-form equation model. The simplicity of the approach is attractive, but has proven to be costly in terms of the insights lost as to the nature of the processes governing the interdependence between fuel efficiency and the overall demand for gasoline. On the other hand, disaggregating the overall demand for gasoline into all of its components produces an enormous amount of …
Authors
Elkhafif MA; Kubursi AA
Journal
International Journal of Forecasting, Vol. 9, No. 4, pp. 457–465
Publisher
Elsevier
Publication Date
December 1993
DOI
10.1016/0169-2070(93)90073-v
ISSN
0169-2070