This brief study attempts to estimate the price elasticity of demand for petrol in Ireland at the present time. The statistic is not without importance. Alcohol, tobacco and petrol are the three main sources of indirect ...

I thank Dr. Arthur for his interesting and thoughtful comment. I am afraid that he rather misquotes me when he says that I estimated the elasticity as being between -1.2 and -1-7. My interpretation (stated in the conclusions) ...