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An Investigation Into The Elasticity Of Demand For Motor Gasoline, Samy Fouad El-Iskandarany
An Investigation Into The Elasticity Of Demand For Motor Gasoline, Samy Fouad El-Iskandarany
Dissertations and Theses
This thesis investigates the existence and determinants of the elasticity of demand for motor gasoline.
The research can be divided into four main stages. In the first stage, time series data of fifteen member countries of the Organization for Economic Cooperation and Development (OECD) are analyzed.
The ratio of gasoline price per gallon to the per capita GNP is introduced in this research to explain the variability in the size of the price elasticities of demand over the various countries. The ratio is called the "Price Factor" and designated as P.F. The introduction of P.F. established the basis for meaningful …