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Published December 9, 2009 | Submitted
Report Open

Elasticity of demand for gasoline in the South Coast Air Basin

Abstract

An analysis of California gasoline sales was made, using Box and Jenkins' linear time series methods, in an attempt to detect the change due to a 17% change in price. There was no detectable change within the 2% noise limit of the method. Thus, either the elasticity is less than 2 parts in 17, and/or the tools must be further refined to detect it.

Additional Information

© 1973 Environmental Quality Laboratory. California Institute of Technology. Supported in part by the National Science Foundation, Research Applied to National Needs (RANN), under Grant No. GI-29726.

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Created:
August 19, 2023
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