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dc.contributor.authorNguyen-Ones, Mai
dc.contributor.authorSteen, Frode
dc.date.accessioned2019-10-31T11:49:09Z
dc.date.available2019-10-31T11:49:09Z
dc.date.issued2019-07
dc.identifier.issn0804-6824
dc.identifier.urihttp://hdl.handle.net/11250/2625578
dc.description.abstractWe estimate a structural model to uncover the degree of competition in retail gasoline markets using daily station-level data on quantity and price from the Swedish market. The structural model enables us to consider key features on both the demand and supply side that are important when evaluating retailers’ ability to obtain market power. Endowed with station-level information on service level, contractual form and number of nearby stations, we take into account the main drivers of differentiation in the local market. Our findings suggest that retailers in general exercise significant intermediate levels of market power. Further, local station characteristics significantly affect to which extent stations are able to extract market power. Results are robust to different estimation methods.nb_NO
dc.language.isoengnb_NO
dc.relation.ispartofseriesDP SAM;21/2019
dc.subjectGasoline markets, market power, markup estimation, local market competitionnb_NO
dc.titleMarket Power in Retail Gasoline Marketsnb_NO
dc.typeWorking papernb_NO
dc.description.versionupdatedVersionnb_NO
dc.subject.nsiSamfunnsvitenskapnb_NO
dc.source.pagenumber30nb_NO


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