Coyle, David; DeBacker, Jason; Prisinzano, Richard - In: Energy Economics 34 (2012) 1, pp. 195-200
We estimate supply and demand functions for the U.S. gasoline market using information from excise tax returns provided by the IRS for the period 1990–2009. We find price and income elasticities of demand similar to those found using EIA data. We find a price elasticity of supply of 0.29,...