مجلة معهد العلوم الإقتصادية
Volume 24, Numéro 1, Pages 1295-1310

Short And Long Run Elasticities Of Gasoline And Diesel Demand In Algeria: An Empirical Analysis Using Fuzzy Linear Regression

Authors : Chekouri Sidi Mohammed . Sahed Abdelkader .

Abstract

In oil dependent and fuel subsidized countries like Algeria, high consumption of fuel products poses real threats to macroeconomic stability and growth. Gasoline and diesel are by far the most important petroleum products. This paper estimates the long run and short run price and income elasticities for gasoline and diesel demand in Algeria for the period 1991-2016.The Tanaka fuzzy regression method has been applied. The empirical results reveal that both long run and short run income elasticities of gasoline and diesel demand in Algeria are more elastic than their counterparts price elasticities.

Keywords

Gasoline demand ; Diesel demand ; Elasticities ; Fuzzy regression ; Algeria