1887

n Studies in Economics and Econometrics - Gasoline, diesel fuel and jet fuel demand in South Africa

Volume 36, Issue 1
  • ISSN : 0379-6205

Abstract

The paper investigates the price and income elasticity of gasoline (petrol), diesel and jet fuel demand in South Africa using autoregressive distributed lag (ARDL) models. We compare elasticity estimates for 1982Q1-2010Q4 with estimates for 1998Q1-2010Q4. Price and income elasticity estimates for gasoline remain unchanged compared to previous estimates and robust across smaller sub-periods. Similar to recent findings for other developing countries, income is the dominant driver of South African diesel demand even when controlling for the increased number of diesel vehicles. Similarly, income dominates jet fuel demand, a finding that is robust to controls for international tourist departures and is consistent with international findings.

Loading full text...

Full text loading...

Loading

Article metrics loading...

/content/bersee/36/1/EJC121122
2012-01-01
2020-08-04

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error