Selling Gasoline as a By-Product: The Impact of Market Structure on Local Prices

We use a novel data set with exact price quotes from virtually all German gasoline stations to empirically investigate how a temporary variance in local market structure induced by restricted opening hours of specific players affects price competition. We find that, during their hours of opening, they have a significant negative price effect on nearby competitors.

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Year of publication:	2017
Authors:	Haucap, Justus ; Heimeshoff, Ulrich ; Siekmann, Manuel
Publisher:	Kiel, Hamburg : ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

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Series:	Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Studies of Specific Sectors of Markets ; D12-V3
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Conference Paper
Language:	English
Other identifiers:	hdl:10419/168198 [Handle] RePEc:zbw:vfsc17:168198 [RePEc]
Classification:	L71 - Mining, Extraction, and Refining: Hydrocarbon Fuels
Source:	EconStor

Persistent link: https://www.econbiz.de/10011712711