This paper examines the efficiency implications of regulated demand price of 93 octane petrol relative to OPEC crude … oil price across 183 Namibian localities in 1991. It describes briefly pricing problems associated with managing petroleum … and petro-products. Assuming that demand price depends on expected profits and the quantities demanded and supplied …

of the evidence found: Questionable price savings: Large drops in wholesale market prices were not fully passed on to …

Sharp price fluctuations and increasing environmental and distributional concerns, among other issues, have led to a … bias parameter estimates. This is obviously relevant, as obtaining correct price and income responses is essential if they … sources for a long time period and choose a demand system with flexible income and price responses. We also estimate the model …

The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … over time. Our results show that the absolute version of the LOOP cannot be supported. Constant price differences between …