Elasticity of demand for petrol in Ireland - reply
Citation:
WK O'Riordan, 'Elasticity of demand for petrol in Ireland - reply', Economic and Social Research Institute, Economic and Social Review, Vol.5 (Issue 1), 1973, 1973, pp111-112Download Item:
v5n11973_9.pdf (PDF) 81.34Kb
Abstract:
I thank Dr. Arthur for his interesting and thoughtful comment. I am afraid that he rather misquotes me when he says that I estimated the elasticity as being between -1.2 and -1-7. My interpretation (stated in the conclusions) was that, taking everything into account the elasticity 'can scarcely be much less than unity'.
Author: O'Riordan, WK
Publisher:
Economic & Social StudiesType of material:
Journal ArticleCollections:
Series/Report no:
Economic and Social ReviewVol.5 (Issue 1), 1973
Availability:
Full text availableKeywords:
Petrol Demand, IrelandISSN:
0012-9984Licences: