Changes in the short-term price elasticity of gasoline demand in the US
| dc.contributor.Mentor | Sosa Escudero, Walter | |
| dc.creator.Autor | Arias, Manuel | |
| dc.date.accessioned | 2020-03-09T17:51:38Z | |
| dc.date.available | 2020-03-09T17:51:38Z | |
| dc.date.issued | 2019-07 | |
| dc.description | Fil: Arias, Manuel. Universidad de San Andrés. Departamento de Economía; Argentina. | |
| dc.description.abstract | Comprender la elasticidad de demanda de gasolina es importante para mejorar politicas publicas y entender dinâmicas de trading en el mercado petrolero. Esta tesis contribuye a la literatura presentando una revision exhaustiva de los estúdios existentes sobre la elasticidad-precio de la demanda de gasolina, y extendiendo el analisis sobre la elasticidad de la demanda en Estados Unidos realizado por Hughes et al. (2008) con datos mas recientes. La conclusion principal de esse estúdio fue que la elasticidad de la demanda cayo entre princípios de la década del 70 y comienzos de la década de 2000. Este trabajo extiende el estúdio incluyendo la primera mitad de la década de 2010. Se concluye que la elasticidad precio de la demanda es menor que lo que era en la década del 70, y sembrando dudas sobre la efectividad de politicas publicas que busquen reducir la demanda de gasolina enfocandose exclusivamente en el precio. | |
| dc.description.abstract | Assessing the demand elasticity for gasoline is important to improve public policy and understand better oil trading dynamics. This thesis presents a comprehensive review of the existing literature on the price elasticity of gasoline demand and adds to the existing corpus by replicating the study of US gasoline demand elasticity performed by Hughes et al. (2008) with more recent data. Their main conclusion was that the elasticity of demand dropped between the 1970s and the early 2000s. We extend the study to cover the early 2010s. Our findings confirm that the price elasticity of demand is now lower than it was in the 1970s, casting doubt on policies focusing exclusively on price to reduce gasoline demand. | |
| dc.format | application/pdf | |
| dc.identifier.uri | http://hdl.handle.net/10908/17063 | |
| dc.language | eng | |
| dc.publisher | Universidad de San Andrés. Departamento de Economía | |
| dc.rights | info:eu-repo/semantics/openAccess | |
| dc.rights | https://creativecommons.org/licenses/by-nc-nd/4.0/ | |
| dc.title | Changes in the short-term price elasticity of gasoline demand in the US | |
| dc.type | Tesis | |
| dc.type | info:eu-repo/semantics/masterThesis | |
| dc.type | info:ar-repo/semantics/tesis de maestría | |
| dc.type | info:eu-repo/semantics/updatedVersion |
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