Wadud, Zia; Noland, Robert B.; Graham, Daniel J. - In: Energy Economics 32 (2010) 1, pp. 93-101
Gasoline demand studies typically generate a single price and income elasticity for a country. It is however possible that these elasticities may differ among various socio-economic groups. At the same time, parametric gasoline demand models may not be flexible enough to capture the changes in...