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faster than downward cost shocks, in U.S. gasoline prices. Much of the extant literature comes to seemingly contradictory … geographic markets) and the use of different price series including crude oil, wholesale, and retail gasoline prices. I utilize a …
Persistent link: https://www.econbiz.de/10013115995
We examine the competitive effects of the vertical integration of gasoline refineries and retailers in the U …. Vertical foreclosure is found to increase the wholesale price of refined gasoline by 0.2 to 0.6 cents per gallon. -- vertical …
Persistent link: https://www.econbiz.de/10001729426
We examine the competitive effects of the vertical integration of gasoline refineries and retailers in the U …. Vertical foreclosure is found to increase the wholesale price of refined gasoline by 0.2 to 0.6 cents per gallon …
Persistent link: https://www.econbiz.de/10014102736
The number of producers in the U.S. tire industry grew for 25 years and then declined sharply, and the industry evolved to be an oligopoly. The role of technological change in shaping the industry's market structure is explored. A model of industry evolution featuring technological change is...
Persistent link: https://www.econbiz.de/10014151793
The number of producers in the U.S. tire industry grew for 25 years and then declined sharply, and the industry evolved to be an oligopoly. The role of technological change in shaping the industry's market structure is explored. A model of industry evolution featuring technological change is...
Persistent link: https://www.econbiz.de/10014147566
Persistent link: https://www.econbiz.de/10001688043
Persistent link: https://www.econbiz.de/10003863186
This paper analyzes factors that affect the exit and expansion of U.S. petroleum refineries using plant-level capacity data from 1947 to 2013. We find that larger refineries are less likely to close and that refineries owned by a multi-plant firm are more likely to close. If a multi-plant firm...
Persistent link: https://www.econbiz.de/10013011758
We examine the competitive effects of the vertical integration of gasoline refineries and retailers in the U …. Vertical foreclosure is found to increase the wholesale price of refined gasoline by 0.2 to 0.6 cents per gallon. …
Persistent link: https://www.econbiz.de/10010315497