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her energy market; namely, electricity, natural gas, petroleum and liquefied petroleum gas industries, which requires …
Persistent link: https://www.econbiz.de/10008740582
the end consumers such that prices fall faster than they rise. The findings are somewhat surprising, indicating that there … is no need for government intervention in the NY petroleum market. …
Persistent link: https://www.econbiz.de/10005789818
gasoline prices. The empirical results suggest a robust, economically (and statistically) significant effect of increased … competition from hypermarkets. Furthermore, the results also suggest that refiners’ lower the delivered wholesale prices charged … turn translates to lower retail (street) prices. The presence of a state motor fuel sales-below-cost (SBC) law may lessen …
Persistent link: https://www.econbiz.de/10008545948
. We construct a new panel dataset on petroleum ownership structures for up to 68 countries between 1867 …
Persistent link: https://www.econbiz.de/10011114176
Given the paramount importance of petroleum for the Indian economy and its increasing import dependence on this front …, domestic pricing of crude oil and petroleum products assumes enormous significance for the country. The pricing regime not only … close look at the pricing regime in the petroleum sector in India reveals that for nearly two and half decades (from 1975 to …
Persistent link: https://www.econbiz.de/10008683307
This Economics Research Note examines inventories in the business cycle for Australia covering the period since the mid … 1980s. The Australian Bureau of Statistics (ABS) defines inventories as all materials etc., work in progress and finished …
Persistent link: https://www.econbiz.de/10009401330
economists and the business community. Phenomena such as price setting, unpredictable and variable demand, and inventories and …
Persistent link: https://www.econbiz.de/10008728064
What is the role of inventories in UK manufacturing? We present and estimate a model of inventories that considers … separately finished goods and input (i.e. the sum of raw materials and work-in-process) inventories. We estimate structural … parameters which allows us to make inferences on the role of inventories in cyclical frequencies. Our results suggest that both …
Persistent link: https://www.econbiz.de/10008472236
volatility of cash prices. Further, speculative attacks and stock outs have been shown to induce increased volatility. This … motivates a scope of consideration that includes prices as well as stock levels to assess their contribution to price volatility …
Persistent link: https://www.econbiz.de/10005619671
While the paper lacks a formal abstract, it draws the important distinction between stocks and flows in supply and demand to better understand the business cycle.
Persistent link: https://www.econbiz.de/10008567636