Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/162311
Authors: 
Soetevent, Adriaan R.
Bruzikas, Tadas
Year of Publication: 
2017
Series/Report no.: 
Tinbergen Institute Discussion Paper 17-045/VII
Abstract: 
In the last decade, many European countries have seen a sharp increase in the number of automated fueling stations. We study the effect of this process innovation on prices at stations that are automated and their competitors using a difference-in-differences matching strategy. Our estimates show that prices at automated stations drop by 1.0 to 2.1% immediately after conversion and stabilize at this lower level. We find no indication of competitive spillover effects to neighboring sites at the conventional significance levels. Other than previous studies, our estimates do not reveal a difference in impact between early and later adopters of automation.
Subjects: 
technology adoption
retail gasoline
pricing
competition
JEL: 
C22
D4
L13
L81
Document Type: 
Working Paper

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