Fuel Demand Elasticity on Car Fuel Taxes
|Author:||Bc. Dalibor Vágner|
|Year:||2016 - summer|
|Leaders:|| Mgr. Lukáš Rečka
|Work type:|| Bachelors
|Awards and prizes:|
|Abstract:||The main focus of this thesis is to estimate the fuel demand elasticity on excise
tax levied on gasoline and diesel. This work utilizes and subsequently develops the
model and data set already published in the literature devoted to fuel taxation.
The main contribution is the close analysis of the data from the Czech Republic and
following comparison with the results from other countries. Furthermore, this paper
extends the model by allowing it to filter out interstate shifts in purchases induced
by different fuel price levels in neighboring countries. The relationship between
interstate price differences and domestic fuel demand is consequently analyzed.