Gasoline Demand in Saudi Arabia: Are the Price and Income Elasticities Constant?

Jeyhun Mikayilov, Fred Joutz and Fakhri Hasanov
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Fakhri Hasanov: King Abdullah Petroleum Studies and Research Center

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: After the drop in international oil prices in 2014, oil-exporting countries started to launch new policies to develop their economies. It is important that policymakers involved in energy and economic development understand how economic agents respond to increased energy prices and how the latter affects the demand for different fuels.

Keywords: Gasoline Demand; Gasoline Prices; Time-varying elasticities (search for similar items in EconPapers)
Pages: 31
Date: 2019-12-26
New Economics Papers: this item is included in nep-ara, nep-ene and nep-ind
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Citations: View citations in EconPapers (3)

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https://www.kapsarc.org/research/publications/gaso ... asticities-constant/ First version, 2019

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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2019-dp81

DOI: 10.30573/KS-2019-DP81

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