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95/05747 Demand for gasoline in Kuwait. An empirical analysis using cointegration techniques

Publisher: Elsevier Science
Year: 1995
Weight: 194 KB
Volume: 36
Category: Article
ISSN: 0140-6701
DOI: 10.1016/0140-6701(95)97421-f

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This paper estimates the demand for natural gas in Kuwait for the period 1975-93 using two models. A partial flow-adjustment model and a co-integration and error correction model. It is found that natural gas demand is inelastic with respect to price and income in the short and long run. Furthermore