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| Author: | Belanger, D. Bernard, J. T. Dubois, R. |
| Title: | Demand for non-energy petroleum products: the case of Quebec. |
| Journal: | Energy Economics
1990 : JUL, VOL. 12:3, p. 177-184 |
| Index terms: | PETROLEUM INDUSTRY PETROCHEMICALS INDUSTRY DEMAND FUNCTIONS ECONOMIC MODELS CANADA |
| Language: | eng |
| Abstract: | Non-energy petroleum products are used either as final goods or as intermediate inputs in other non-energy producing processes. They fall into five categories: petrochemical feedstocks, asphalt, petroleum coke, lubricating oils/grease and naphta specialities. The purpose of the economic analysis applied in the paper was to determine whether Quebec demand for these products can be explained in standard economic terms of prices and income. The results are: first, all own-price elasticity except coke are quite low; second, asphalt, coke and lubes/greases display elasticities which are close to one, while petrochemical feedstocks have an output elasticity above one and income appears to play no role in explaining the demand for naptha specialties. |
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