Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/105445
Authors: 
Kihm, Alex
Ritter, Nolan
Vance, Colin
Year of Publication: 
2014
Series/Report no.: 
Ruhr Economic Papers 522
Abstract: 
We explore whether non-competitive pricing prevails in Germany's retail gasoline market by examining the influence of the crude oil price on the retail gasoline price, focusing specifically on how this influence varies according to the brand and to the degree of competition in the vicinity of the station. Our analysis identifies several factors other than cost - including the absence of nearby competitors and regional market concentration - that play a significant role in mediating the influence of the oil price on the retail gas price, suggesting price setting power among stations.
Subjects: 
panel data
quantile regression
spatial competition
gasoline market
JEL: 
C33
Q41
R41
Persistent Identifier of the first edition: 
ISBN: 
978-3-86788-597-3
Document Type: 
Working Paper

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