Arbeitspapier
Price-Response Asymmetry and Spatial Differentiation in Local Retail Gasoline Markets
This study explores the possibility that local market power influences the observed asymmetric relationship between changes in wholesale gasoline costs and changes in retail gasoline prices. I exploit an original data set of weekly gas station prices in Southern California from September 2002 to May 2003, and take advantage of detailed station and local market level characteristics to determine the extent to which spatial differentiation influences price response asymmetry. I find that brand identity, proximity to rival stations, bundling and advertising, operation type, and local market features and demographics each influence a station's predicted price-response asymmetry.
- Sprache
-
Englisch
- Erschienen in
-
Series: EAG Discussion Paper ; No. EAG 07-4
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Verlinda, Jeremy A.
- Ereignis
-
Veröffentlichung
- (wer)
-
U.S. Department of Justice, Antitrust Division, Economic Analysis Group (EAG)
- (wo)
-
Washington, DC
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 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.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Verlinda, Jeremy A.
- U.S. Department of Justice, Antitrust Division, Economic Analysis Group (EAG)
Entstanden
- 2007
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