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Substitution between cars within the household
De Borger, Bruno L.; Mulalic, Ismir; Rouwendal, Jan - 2013
In this paper we study the demand for car kilometres in two-car households, focusing on the substitution between cars in response to fuel price changes. We use a large sample of detailed Danish data on two-car households to estimate -- for each car owned by the household -- own and cross-price...
Persistent link: https://www.econbiz.de/10010224824
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A meta-analysis of the price elasticity of gasoline demand : a system of equations approach
Brons, Martijn; Nijkamp, Peter; Pels, Eric; Rietveld, Piet - 2006
variation in empirical estimates of the price elasticity of gasoline demand. A methodological novelty is that we use the linear …-analytical approach. We find that, with a mean price elasticity of -0.53, the demand for gasoline is not very price sensitive. The impact … equation have a significant impact on the estimated value of the price elasticity of gasoline demand. …
Persistent link: https://www.econbiz.de/10011350380
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Detailed data and changes in market structure : the move to unmanned gasoline service stations
Bruzikas, Tadas; Soetevent, Adriaan R. - 2014
availability has changed the scope and focus of studies on retail gasoline pricing. We show how high-volume, high-frequency price … data help to identify and explain long-term trends using original data for the Dutch retail gasoline market. We find that …
Persistent link: https://www.econbiz.de/10010403906
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On the effects of suggested prices in gasoline markets
Faber, Riemer P.; Janssen, Maarten C. W. - 2008 - This Version November 17, 2008
This article analyzes the role of suggested prices in the Dutch retail market for gasoline. Suggested prices are … the existence of suggested prices: they may either help retailers translate changes in international gasoline spot market …
Persistent link: https://www.econbiz.de/10011377385
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Do daily retail gasoline prices adjust asymmetrically?
Bettendorf, Leon; Geest, Stephanie van der; Kuper, Gerard H. - 2005
This paper analyzes adjustments in the Dutch retail gasoline prices. We estimate an error correction model on changes … in the daily retail price for gasoline (taxes excluded) for the period 1996-2004 taking care of volatility clustering by …
Persistent link: https://www.econbiz.de/10011343273
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The impact of process innovation on prices : evidence from automated fuel retailing in The Netherlands
Soetevent, Adriaan R.; Bruzikas, Tadas - 2017
In the last decade, many European countries have seen a sharp increase in the number of automated fueling stations. We study the effect of this process innovation on prices at stations that are automated and their competitors using a difference-in-differences matching strategy. Our estimates...
Persistent link: https://www.econbiz.de/10011648312
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Car user taxes, quality characteristics and fuel efficiency : household behavior and market adjustment
De Borger, Bruno L.; Rouwendal, Jan - 2012
Persistent link: https://www.econbiz.de/10009724342
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A meta-analysis of the price elasticity of gasoline demand : a system of equations approach
Brons, Martijn; Nijkamp, Peter; Pels, Eric; Rietveld, Piet - 2006
Persistent link: https://www.econbiz.de/10003408322
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Asymmetric price responses of gasoline stations : evidence for heterogeneity of retailers
Faber, Riemer P. - 2009
This paper studies asymmetric price responses of individual firms, via daily retail prices of almost all gasoline …
Persistent link: https://www.econbiz.de/10011379452
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Consumer search and prices in the automobile market
Moraga-González, José Luis; Sándor, Zsolt; … - 2015
In many markets consumers have imperfect information about the utility they derive from the products that are on offer and need to visit stores to find the product that is the most preferred. This paper develops a discrete-choice model of demand with optimal consumer search. Consumers first...
Persistent link: https://www.econbiz.de/10010490077