Burke, Paul J.Yang, Hewen2016-10-122016-10-12Burke, Paul J. and Yang, Hewen. 2016. β€œThe price and income elasticities of natural gas demand: International evidence.” Energy Economics 59: 466–474.0140-9883http://hdl.handle.net/1885/109276Natural 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 βˆ’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.natural gaspriceincomeelasticitydemandThe price and income elasticities of natural gas demand: International evidence2016-09-1610.1016/j.eneco.2016.08.025