competitive general equilibrium where goods prices, technology and factor supplies jointly determine outputs and factor prices. We …, prices, and factor supplies. The model is based on the neoclassical theory of production, and is implemented by assuming that … GDP is a function of prices, technology levels, and supplies of capital and different types of labor. We treat final goods …

demand influences prices mainly through the number of stations. There is some local price variation across chains, and the … locally only. In this study we analyze how market structure, geographical attributes and in particular, demand will influence … prices. Our work is a natural follow-up to the study of Csorba et al. (2009) who showed that Hungarian retail gasoline prices …