Colina, Armando R.; Gafarov, Bulat; Hilscher, Jens - 2025
This research paper presents new gasoline demand price elasticity estimates for California. The study leverages the … unique characteristics of California's gasoline market and introduces a new set of proposed instruments. As a first step, the … study takes advantage of California's partially isolated gasoline market, which is separated from much of the U.S. by …