Intercity Differences in Retail Gasoline Price Fluctuations PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Intercity Differences in Retail Gasoline Price Fluctuations PDF full book. Access full book title Intercity Differences in Retail Gasoline Price Fluctuations by Nyle Bruner Kardatzke. Download full books in PDF and EPUB format.
Author: Nyle Bruner Kardatzke
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 426
Get Book Here
Book Description
Author: Nyle Bruner Kardatzke
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 426
Get Book Here
Book Description
Author:
Publisher: DIANE Publishing
ISBN: 1428918760
Category : Gasoline
Languages : en
Pages : 52
Get Book Here
Book Description
This report examines a recurring question about gasoline markets: why, especially in times of high price volatility, do retail gasoline prices seem to rise quickly but fall back more slowly? Do gasoline prices actually rise faster than they fall, or does this just appear to be the case because people tend to pay more attention to prices when they`re rising? This question is more complex than it might appear to be initially, and it has been addressed by numerous analysts in government, academia and industry. The question is very important, because perceived problems with retail gasoline pricing have been used in arguments for government regulation of prices. The phenomenon of prices at different market levels tending to move differently relative to each other depending on direction is known as price asymmetry. This report summarizes the previous work on gasoline price asymmetry and provides a method for testing for asymmetry in a wide variety of situations. The major finding of this paper is that there is some amount of asymmetry and pattern asymmetry, especially at the retail level, in the Midwestern states that are the focus of the analysis. Nevertheless, both the amount asymmetry and pattern asymmetry are relatively small. In addition, much of the pattern asymmetry detected in this and previous studies could be a statistical artifact caused by the time lags between price changes at different points in the gasoline distribution system. In other words, retail gasoline prices do sometimes rise faster than they fall, but this is largely a lagged market response to an upward shock in the underlying wholesale gasoline or crude oil prices, followed by a return toward the previous baseline. After consistent time lags are factored out, most apparent asymmetry disappears.
Author:
Publisher:
ISBN:
Category : Fossil fuels
Languages : en
Pages : 790
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 1024
Get Book Here
Book Description
Author: Thomas M. Fullerton (Jr.)
Publisher:
ISBN:
Category : Ciudad Juárez (Mexico)
Languages : en
Pages : 28
Get Book Here
Book Description
Previous studies show that a variety of different variables influence retail gasoline price fluctuations. In the case of El Paso, Texas, those variables would include wholesale gasoline prices, local economic conditions, weather, and, more uniquely, cross-border economic variables associated with Ciudad Juarez, Chihuahua, in Mexico. To analyze the contributions of the variables to monthly price movements for gasoline in El Paso, a theoretical model is specified. From the latter construct, a reduced form equation is extracted. That specification is then expressed within an error correction framework to allow accounting for both long-run and short-run behaviors in this metropolitan economy. Results indicate that the border poses a fairly substantial barrier to normal trade and purchasing patterns for this product within this special region.
Author:
Publisher: DIANE Publishing
ISBN: 1428950044
Category : Gasoline
Languages : en
Pages : 166
Get Book Here
Book Description
Author: Mark B. Schupack
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 90
Get Book Here
Book Description
Author: David Austin
Publisher: Government Printing Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 60
Get Book Here
Book Description
Gasoline prices and driving behavior. Volume of traffic ; Speed of traffic ; Applicability of findings to other regions of the United States -- Gasoline prices and vehicle markets. Market shares for cars and light trucks ; Gasoline prices and vehicle market status ; Changes in new vehicle fuel economy and pricing ; Changes in the used vehicle market -- Study data -- Analytical approach and economic results.
Author: Mr.Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1475563221
Category : Business & Economics
Languages : en
Pages : 32
Get Book Here
Book Description
This paper assesses the dynamic pass-through of crude oil price shocks to retail fuel prices using a novel database on monthly retail fuel prices for 162 countries. The impulse response functions suggest that on average, a one cent increase in crude oil prices per liter translates into a 1.2 cent increase in the retail gasoline price at peak level six months after the shock. However, the estimates vary significantly across country groups, ranging from about 0.5 cent in MENA countries to two cents in advanced economies. The results also show that positive oil price shocks have a larger impact than negative price shocks on the retail gasoline price. Finally, the paper underscores the importance of the new dataset in refining estimates of the fiscal cost of incomplete pass-through.
Author: Jeremy A. Verlinda
Publisher: BiblioGov
ISBN: 9781289031015
Category :
Languages : en
Pages : 62
Get Book Here
Book Description
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.
