Economic Theory and Evidence on Cross-subsidization of Retail Gasoline Operations PDF Download
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Author: Thomas F. Hogarty
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 32
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Author: Thomas F. Hogarty
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 32
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Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Monopolies, and Business Rights
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 616
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Author:
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 462
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Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
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This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Author: David B. Audretsch
Publisher: Springer Science & Business Media
ISBN: 9401127956
Category : Business & Economics
Languages : en
Pages : 283
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Empirical Studies in Industrial Organization brings together leading scholars who present state-of-the-art research in the spirit of the structure-conduct-performance paradigm embodied in the work of Leonard W. Weiss. The individual chapters are generally empirically or public policy oriented. A number of them introduce new sources of data that, combined with the application of appropriate econometric techniques, enable new breakthroughs and insights on issues hotly debated in the industrial organization literature. For example, five of the chapters are devoted towards uncovering the link between market concentration and pricing behavior. While theoretical models have produced ambiguous predictions concerning the relationship between concentration and price these chapters, which span a number of different markets and situations, provide unequivocal evidence that a high level of market concentration tends to result in a higher level of prices. Three of the chapters explore the impact of market structure on production efficiency, and three other chapters focus on the role of industrial organization on public policy. Contributors include David B. Audretsch, Richard E. Caves, Mark J. Roberts, F.M. Scherer, John J. Siegfried and Hideki Yamawaki.
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Energy, Environment, and Safety Issues Affecting Small Business
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 750
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Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 198
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Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Fossil and Synthetic Fuels
Publisher:
ISBN:
Category : Executive departments
Languages : en
Pages : 780
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Author: United States. Congress. House. Committee on Small Business. Subcommittee on Regulation, Business Opportunities, and Energy
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 732
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Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Monopolies, and Business Rights
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 532
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