BibTex RIS Kaynak Göster

Modeling Petroleum Product Demand in Nigeria Using Structural Time Series Model (STSM) Approach

Yıl 2014, Cilt: 4 Sayı: 3, 427 - 441, 01.09.2014

Aliyu Barde Abdullahi

https://izlik.org/JA54DH83JS

Öz

In this paper, the demand function for five major petroleum products consume in Nigeria namely gasoline, diesel, kerosene, fuel oil, liquefied petroleum gas (LPG) and aggregate was estimated using Structural Time Series Models (STSMs) which accounts for structural changes in energy demand estimation. STSMs incorporate stochastic rather than deterministic trend which is more general and therefore argued to be more appropriate in this study. The results suggest that the demand for petroleum products in Nigeria is both price and income inelastic and the underlying demand trends were generally stochastic in nature. LPG has relatively higher elasticities than the rest of the petroleum products, namely kerosene, gasoline, diesel and fuel oil.

Anahtar Kelimeler

Petroleum Product demand STSM Stochastic Trend

Yıl 2014, Cilt: 4 Sayı: 3, 427 - 441, 01.09.2014

Aliyu Barde Abdullahi

https://izlik.org/JA54DH83JS

Öz

Toplam 0 adet kaynakça vardır.

Ayrıntılar

Diğer ID JA48AV39NR
Yazarlar

Aliyu Barde Abdullahi Bu kişi benim

Yayımlanma Tarihi 1 Eylül 2014
IZ https://izlik.org/JA54DH83JS
Yayımlandığı Sayı Yıl 2014 Cilt: 4 Sayı: 3

Kaynak Göster

APA Abdullahi, A. B. (2014). Modeling Petroleum Product Demand in Nigeria Using Structural Time Series Model (STSM) Approach. International Journal of Energy Economics and Policy, 4(3), 427-441. https://izlik.org/JA54DH83JS
AMA 1.Abdullahi AB. Modeling Petroleum Product Demand in Nigeria Using Structural Time Series Model (STSM) Approach. IJEEP. 2014;4(3):427-441. https://izlik.org/JA54DH83JS
Chicago Abdullahi, Aliyu Barde. 2014. “Modeling Petroleum Product Demand in Nigeria Using Structural Time Series Model (STSM) Approach”. International Journal of Energy Economics and Policy 4 (3): 427-41. https://izlik.org/JA54DH83JS.
EndNote Abdullahi AB (01 Eylül 2014) Modeling Petroleum Product Demand in Nigeria Using Structural Time Series Model (STSM) Approach. International Journal of Energy Economics and Policy 4 3 427–441.
IEEE [1]A. B. Abdullahi, “Modeling Petroleum Product Demand in Nigeria Using Structural Time Series Model (STSM) Approach”, IJEEP, c. 4, sy 3, ss. 427–441, Eyl. 2014, [çevrimiçi]. Erişim adresi: https://izlik.org/JA54DH83JS
ISNAD Abdullahi, Aliyu Barde. “Modeling Petroleum Product Demand in Nigeria Using Structural Time Series Model (STSM) Approach”. International Journal of Energy Economics and Policy 4/3 (01 Eylül 2014): 427-441. https://izlik.org/JA54DH83JS.
JAMA 1.Abdullahi AB. Modeling Petroleum Product Demand in Nigeria Using Structural Time Series Model (STSM) Approach. IJEEP. 2014;4:427–441.
MLA Abdullahi, Aliyu Barde. “Modeling Petroleum Product Demand in Nigeria Using Structural Time Series Model (STSM) Approach”. International Journal of Energy Economics and Policy, c. 4, sy 3, Eylül 2014, ss. 427-41, https://izlik.org/JA54DH83JS.
Vancouver 1.Aliyu Barde Abdullahi. Modeling Petroleum Product Demand in Nigeria Using Structural Time Series Model (STSM) Approach. IJEEP [Internet]. 01 Eylül 2014;4(3):427-41. Erişim adresi: https://izlik.org/JA54DH83JS