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Petroleum’s Price Transmission and Imported Demand for Crude Oil in Thailand

Yıl 2014, Cilt: 4 Sayı: 3, 476 - 483, 01.09.2014

Öz

The study of the petroleum price structures in Thailand reveals that diesel is the important fuel because it influences inflation and productions’ costs. Government wants to keep diesel’s price stability; meanwhile, it is less control in gasohol and petrol prices. These prices are normally higher than diesel’s price in order to support the renewable energy and reduce the consumption behaviors. Real price elasticity of imported crude oil in short run is insignificant but in long run is about 0.0660 statistically significant. While, real income elasticity is about 0.4841 in short run and increase to 0.9969 in long run. The price transmissions from crude oil to petroleum products demonstrate the inequality distribution with symmetry adjustments. Additionally, the adjustment to the long-run equilibrium of petrol price is slower than diesel price. Therefore, the efficiency energy policies should be in consideration to decrease the country's energy consumption in the future.

Yıl 2014, Cilt: 4 Sayı: 3, 476 - 483, 01.09.2014

Öz

Toplam 0 adet kaynakça vardır.

Ayrıntılar

Diğer ID JA23KF28FC
Bölüm Araştırma Makalesi
Yazarlar

Papusson Chaiwat Bu kişi benim

Nantarat Tangvitoontham Bu kişi benim

Yayımlanma Tarihi 1 Eylül 2014
Yayımlandığı Sayı Yıl 2014 Cilt: 4 Sayı: 3

Kaynak Göster

APA Chaiwat, P., & Tangvitoontham, N. (2014). Petroleum’s Price Transmission and Imported Demand for Crude Oil in Thailand. International Journal of Energy Economics and Policy, 4(3), 476-483.
AMA Chaiwat P, Tangvitoontham N. Petroleum’s Price Transmission and Imported Demand for Crude Oil in Thailand. IJEEP. Eylül 2014;4(3):476-483.
Chicago Chaiwat, Papusson, ve Nantarat Tangvitoontham. “Petroleum’s Price Transmission and Imported Demand for Crude Oil in Thailand”. International Journal of Energy Economics and Policy 4, sy. 3 (Eylül 2014): 476-83.
EndNote Chaiwat P, Tangvitoontham N (01 Eylül 2014) Petroleum’s Price Transmission and Imported Demand for Crude Oil in Thailand. International Journal of Energy Economics and Policy 4 3 476–483.
IEEE P. Chaiwat ve N. Tangvitoontham, “Petroleum’s Price Transmission and Imported Demand for Crude Oil in Thailand”, IJEEP, c. 4, sy. 3, ss. 476–483, 2014.
ISNAD Chaiwat, Papusson - Tangvitoontham, Nantarat. “Petroleum’s Price Transmission and Imported Demand for Crude Oil in Thailand”. International Journal of Energy Economics and Policy 4/3 (Eylül 2014), 476-483.
JAMA Chaiwat P, Tangvitoontham N. Petroleum’s Price Transmission and Imported Demand for Crude Oil in Thailand. IJEEP. 2014;4:476–483.
MLA Chaiwat, Papusson ve Nantarat Tangvitoontham. “Petroleum’s Price Transmission and Imported Demand for Crude Oil in Thailand”. International Journal of Energy Economics and Policy, c. 4, sy. 3, 2014, ss. 476-83.
Vancouver Chaiwat P, Tangvitoontham N. Petroleum’s Price Transmission and Imported Demand for Crude Oil in Thailand. IJEEP. 2014;4(3):476-83.