NAME: Tubay, Queenie Hazel T.
Topic of interest: The impact of Fuel Hike on commuters at Echague, Isabela
Author/s Journal/Vol/issue No., Objectives of the Variables Locus- Research Findings
Year (Family name, pages research used/delineated place Methods/design
First name initial only) Title of the article, Factors
Hojin Jung, Gun Jea Journal of Public The study aimed to Crude oil South Empirical The researcher found
Yu, and Kyoung-Min Transportation examined the effect of Korea investigation that gasoline prices
Kwon gasoline prices on Total using unique had a statistically-
Volume 19, Issue 4, Pages individual choices Expenditure panel data on significant effect on
October 2016 56-74 between private individual gasoline and transit
vehicle use and public Public expenditures. expenditures, with the
transit ridership. presence of
Investigating the Effect of transportation
considerable
Gasoline Prices on Transit
heterogeneity.
Ridership and Unobserved A series of empirical
Confirming the
Heterogeneity analyses reveal that moderating effect of
there is significant financial constraints,
heterogeneity in the the analyses yielded
effect of gasoline empirical evidence
prices on fuel showing that
consumption and that commitment to
financial constraints vehicle usage also
and commitment to plays an important
vehicle use determine role in determining
individual sensitivities to the
price of gasoline and
sensitivities to the ridership on public
price of gasoline. transit.
The findings have an
important implication
for policymakers.
With growing
concerns about carbon
emissions and energy
security, higher
gasoline prices have
been imposed to
induce a shift from
private vehicle traffic
to public transit in
many industrialized
countries. However, as
described in the
previous section,
relatively inelastic
demand for gasoline
implies only a limited
regulative effect
despite the strong
fiscal effect.
Shuang Gao and Geoscience Frontiers The study aims to Prediction oil China Labeled training The forecast time
Yalin Lei approach the price data to train an horizons include 1-
prediction model that initial model. month, 3-month, 6-
January 2017 Volume 8, Issue 1, Pages can capture the month,9-month and
183-187 changing pattern of 12-month. Note that
oil prices since the monthly oil prices are
A new approach for crude model is continuously calculated by EIA
oil price prediction based updated whenever based on daily data by
on stream learning new oil price data are taking an unweighted
available, with very average of the daily
small constant closing spot prices for
overhead. To evaluate a given product over
the forecasting the specified time
period.
The experiment
results show that the In addition, updating
stream learning model the model requires
achieves the highest only a small constant
accuracy in terms of time per new data
both mean squared example, as opposed
prediction error and to re-training the
directional accuracy model using the entire
ratio over a variety of training data set. The
forecast time horizons experiment results
show that our stream
learning model out
performed three other
popular oil price
prediction models
over a variety of
forecast time horizons.
Liu, Weiwei Applied Economics This study examines Gas price USA Variable Using household
Letters. Vol. 27 Issue 2, the asymmetric decomposition surveys from 1997 to
January 2022 p136-139. 4p. 2 Charts. gasoline demand of Standard technique 2002 and state average
urban households in metropolitan gasoline prices,
Asymmetric price effects 45 major MSAs from statistical areas Wadud (2017) finds
2007 to 2016. The asymmetric effects in
on gasoline consumption: data are assembled Gasoline taxes changes of both price
evidence and Implications. from two primary and income, but
sources. Quarterly reports significantly
gasoline expenditure, larger price and
income, household income elasticities (in
characteristics and absolute value). These
vehicle information differences are
are from the primarily attributed to
Consumer different
Expenditure Interview measurements of
Surveys collected by gasoline consumption
the Bureau of Labor and income in the two
Statistics. Each studies, as well as
surveyed household is whether certain time-
interviewed every varying factors are
quarter over a one- controlled for,1
year period. Quarterly although they could
(unleaded retail) also imply an
gasoline prices by overtime shift in
MSA are acquired gasoline demand
from the Oil Price elasticities.
Information Service,
who collects retail
gasoline prices based
on credit card
transactions at gas
stations. The gasoline
prices are matched
with each household
observation based on
the MSA location and
the interview date.
Gasoline consumption
of each household at
the interview quarter
is calculated using the
expenditure on
gasoline and the
matched price.
Aswin Sivarajan, IJRAR, Volume 5, Issue 4 This study aims to Fuel Prices India Through With the consistent
Biwin P Mathew, understand the causes questionnaires rise in Fuel Prices,
Anush Gowda, and Rising Fuel Prices in and impacts for the Fuel Subsidies and the collected some of the ways in
Andrea Thomas Bangalore - Causes and rising prices in recent data analysis tool which the impact
Impact times that have been Urbanization used was pie would be seen around
October 2018 influencing the charts us can be listed out as
economy as whole Analysis of follows: According to
and provide solution fuel pricing the estimates by
to cope with this structure Global Financial
externality. Services major
Nomura, a $10 per
barrel rise in price
results in worsening
India’s fiscal balance
by about 0.1% and
current account
balance by 0.4% of
GDP. Arvind
Subramaniam, Chief
Economic Advisor to
the Government
admitted that every
$10 per barrel hike
can take down GDP
growth by roughly 0.2
to 0.3 percentage point
and worsen the
Current Account
deficit by around 10
Billion dollars.
Higher Inflation will
lead the RBI to opt for
increased interest
rates. This will impact
the people and
corporate looking for
availing loan while the
savers would gain
from this.
As the oil prices are
on rise, we can see the
pressure building up
on the external
account and import
cost also goes up,
increased deficit and
rupee also comes
under pressure. This
will also affect the
Businesses having
Foreign exchange
exposure.
GiulioMattioli, Ian Journal of Transport The aimed of this Motor fuel for England Descriptive The findings are
Philips, Jillian Geography study is to test these household. statistics broadly in line with
Anable, and Tim hypotheses for previous research by
Chatterton Volume 78, Pages 98-114 England, providing confirming that
new evidence on vulnerability to fuel
June 2019 Vulnerability to motor fuel spatial patterns of price increases is
price increases: Socio- vulnerability to fuel higher in peripheral,
spatial patterns in England price increases at the peri-urban and rural
small-area level areas in England. Yet
they contrast with the
findings of Australian
‘oil vulnerability’
research (Dodson and
Sipe, 2007; Dodson
and Sipe, 2008a;
Fishman and Brennan,
2009; Runting et al.,
2011), which has
shown a strong degree
of co-location between
low income and car
dependence. We do
not find such a pattern
within the four main
English city-regions -
if anything, there
appears to be a(weak)
association between
car dependence (as
measured by travel
time to services by
modal alternatives)
and high income.
From a vulnerability
perspective, this
suggests that
compensatory (rather
than compounding)
effects prevail in
England, whereby
areas of high
sensitivity tend to
compensate for this
problem with greater
adaptive capacity and
vice-versa.
