This paper makes an empirical analysis to the functional form derived from the demand function for gasoline in Puerto Rico. According to the structure of the gas market in Puerto Rico and the international context, we studied the consumption of gasoline based on an exercise of constrained...

In this paper, we present a model that can be viewed as an extension of the traditional Tobit model. As opposed to that specific model, ours also accounts for the the fixed costs of car ownership. That extension is needed since being carless is an option for many households in societies that...

India’s road transport is characterised by a historical asymmetry in the auto-fuel prices due to lack of parity between international and domestic fuel prices and artificial deflation of domestic diesel price relative to that of petrol through differences in levies. This continued to provide a...