Arbeitspapier

Price dispersion and station heterogeneity on German retail gasoline markets

Price levels and movements on gasoline and diesel markets are heavily debated among consumers, policy-makers, and competition authorities alike. In this paper, we empirically investigate how and why price levels differ across gasoline stations in Germany, using eight months of data from a novel panel data set including price quotes from virtually all German stations. Our analysis specifically explores the role of station heterogeneity in explaining price differences across gasoline stations. Key determinants of price levels across fuel types are found to be ex-refinery prices as key input costs, a station's location on roads or highway service areas, and brand recognition. A lower number of station-specific services implies lower fuel price levels, so does a more heterogeneous local competitive environment.

ISBN
978-3-86304-170-0
Sprache
Englisch

Erschienen in
Series: DICE Discussion Paper ; No. 171

Klassifikation
Wirtschaft
Production, Pricing, and Market Structure; Size Distribution of Firms
Mining, Extraction, and Refining: Hydrocarbon Fuels
Thema
Gasoline Pricing
Price Dispersion
Fuel Prices
Gasoline Stations

Ereignis
Geistige Schöpfung
(wer)
Haucap, Justus
Heimeshoff, Ulrich
Siekmann, Manuel
Ereignis
Veröffentlichung
(wer)
Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)
(wo)
Düsseldorf
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Haucap, Justus
  • Heimeshoff, Ulrich
  • Siekmann, Manuel
  • Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)

Entstanden

  • 2015

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