ESTIMATES OF GASOLINE DEMAND IN PAKISTAN

Mahmood Iqbal*

Pakistan Journal of Applied Economics, 1985, vol. 4, issue 1, 35-46

Abstract: A dynamic flow-adjustment model is used to estimate income and price elasticities of gasoline demand by OLS and GLS methods. The income elasticity is an important determinant of gasoline demand in Pakistan. The price elasticity is small and statistically not ·very significant. Several policy implications emerge for discussion.

Date: 1985
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