Békés, Gábor; Koren, Miklós; Zsohár, Péter - 2011
are affected by conditions of market competition. Compared to the related literature there are two novelties in this study … purely region/local market specific attributes. Second, we extend the estimation of the demand side and partly use it as … to instrument station density, used in classical price estimation models, (partly) with demand factors. We find that …