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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 …
Persistent link: https://www.econbiz.de/10005556127
We combine two data sets to study price rigidity. The first consists of weekly time series of retail, wholesale, and …
Persistent link: https://www.econbiz.de/10005412696
In this study, we empirically examine the extent of price rigidity using a unique store-level time series data set … used consumer product categories. We simultaneously examine the extent of price rigidity for each of the twelve products at … both, final goods and intermediate goods levels. We study two notions of price rigidity employed in the existing literature …
Persistent link: https://www.econbiz.de/10005561335
Using unique retail and wholesale price data for 4,532 products carried by a major Midwestern grocery retailer, we find … evidence of significant retail price rigidity during the Thanksgiving through Christmas holiday period relative to the rest of … the year. We suggest that this pattern of holiday retail price rigidity is best explained by an increased opportunity cost …
Persistent link: https://www.econbiz.de/10005126197
El presente documento realiza un análisis del negocio del Gas Natural en Bolivia y de sus posibles impactos en las recaudaciones, exportaciones y el Producto Interno Bruto. Las principales conclusiones sugieren que, el sector de hidrocarburos se perfila como uno de los pilares para el...
Persistent link: https://www.econbiz.de/10005561220
of the evidence found: Questionable price savings: Large drops in wholesale market prices were not fully passed on to …
Persistent link: https://www.econbiz.de/10005076594
China’s growing demand for oil is significantly changing the international geopolitics of energy, especially in the Asian Pacific region. The recent growth in oil consumption, combined with forecasts of increased oil imports (especially from the Middle East), have led to deep concern among...
Persistent link: https://www.econbiz.de/10005118931
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 …
Persistent link: https://www.econbiz.de/10005119094
Genuine saving measures net investment in produced, natural and human capital. It is a necessary condition for weak sustainable development that genuine saving not be persistently negative. However, according to data provided by the World Bank, resource-rich countries are systematically failing...
Persistent link: https://www.econbiz.de/10005062454
Genuine saving is an established indicator of weak sustainable development that measures the net level of investment a country makes in produced, natural and human capital less depreciation. Maintaining this net level of investment above zero is a necessary condition for sustainable development....
Persistent link: https://www.econbiz.de/10005556036