The price and income elasticities of natural gas demand: International evidence
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- 作者：Paul J. Burke ; paul.j.burke@anu.edu.au" class="auth_mail" title="E-mail the corresponding author ; Hewen Yang
- 关键词：Q41 ; Q31 ; Q43
- 刊名：Energy Economics
- 出版年：2016
- 出版时间：September 2016
- 年：2016
- 卷：59
- 期：Complete
- 页码：466-474
- 全文大小：489 K
文摘
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We estimate the long-run price and income elasticities of natural gas demand.
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Our data set covers 44 countries over the period 1978–2011.
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We use per capita natural gas reserves to instrument the natural gas price.
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Our long-run price elasticity of natural gas demand point estimates are around −1.25.
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Our long-run income elasticity of natural gas demand estimates are +1 and above.