The price and income elasticities of natural gas demand: International evidence

dc.contributor.authorBurke, Paul J.
dc.contributor.authorYang, Hewen
dc.date.accessioned2016-10-12T23:19:01Z
dc.date.available2016-10-12T23:19:01Z
dc.date.issued2016-09-16
dc.description.abstractNatural gas contributes a growing share of the world's energy mix. In this paper we use national-level data for a sample of 44 countries to estimate the price and income elasticities of natural gas demand. We present both single-equation results and results instrumenting natural gas prices with proved natural gas reserves. Our instrument includes both domestic reserves and distance-weighted reserves in other countries. We obtain estimates of the average long-run price elasticity of natural gas demand of around −1.25 and of the average long-run income elasticity of natural gas demand of +1 and higher. We also present separate estimates for final natural gas demand by industry and households.en_AU
dc.identifier.citationBurke, Paul J. and Yang, Hewen. 2016. “The price and income elasticities of natural gas demand: International evidence.” Energy Economics 59: 466–474.en_AU
dc.identifier.issn0140-9883en_AU
dc.identifier.urihttp://hdl.handle.net/1885/109276
dc.publisherElsevieren_AU
dc.relationhttp://purl.org/au-research/grants/arc/DE160100750en_AU
dc.sourceEnergy Economicsen_AU
dc.source.urihttp://www.sciencedirect.com/science/article/pii/S0140988316302420en_AU
dc.subjectnatural gasen_AU
dc.subjectpriceen_AU
dc.subjectincomeen_AU
dc.subjectelasticityen_AU
dc.subjectdemanden_AU
dc.titleThe price and income elasticities of natural gas demand: International evidenceen_AU
dc.typeJournal articleen_AU
dcterms.dateAccepted2016-08-18
local.bibliographicCitation.lastpage474en_AU
local.bibliographicCitation.startpage466en_AU
local.contributor.affiliationAustralian National Universityen_AU
local.contributor.authoremailpaul.j.burke@anu.edu.auen_AU
local.contributor.authoruidu4372088en_AU
local.description.notesA near post-print open access Working Paper version is available here: https://ideas.repec.org/p/pas/papers/2016-14.htmlen_AU
local.identifier.absfor140205 - Environment and Resource Economicsen_AU
local.identifier.absseo8507 - Energy Conservation and Efficiencyen_AU
local.identifier.citationvolume59en_AU
local.identifier.doi10.1016/j.eneco.2016.08.025en_AU
local.identifier.uidSubmittedByu4372088en_AU

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