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How Full Is the tank? – Insights on Short-run Fuel Price Reactions from German Travel Diary Data
Ritter, Nolan; Schmidt, Christoph M.; Vance, Colin - Rheinisch-Westfälisches Institut für … - 2013
We provide evidence that motorists respond to short-run fluctuations in fuel prices at the gas pump and not on the road. Employing variants of censored panel regression to control for unobserved heterogeneity and censoring of the dependent variable, we find that the fuel price has a large and...
Persistent link: https://www.econbiz.de/10010617554
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Short-run fuel price responses : at the pump and on the road
Ritter, Nolan; Schmidt, Christoph M.; Vance, Colin - In: Energy economics 58 (2016), pp. 67-76
Persistent link: https://www.econbiz.de/10011698794
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Is the German Retail Gas Market Competitive? A Spatial-temporal Analysis Using Quantile Regression
Kihm, Alex; Ritter, Nolan; Vance, Colin - 2014
We explore whether non-competitive pricing prevails in Germany's retail gasoline market by examining the influence of the crude oil price on the retail gasoline price, focusing specifically on how this influence varies according to the brand and to the degree of competition in the vicinity of...
Persistent link: https://www.econbiz.de/10010436147
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the Determinants of Retail Fuel Prices in the EU Evidence from the Spatial Panel Quantile Regression
Ren, Xiaohang - 2019
We propose a novel spatial panel quantile regression method to investigate the impact of crude oil and carbon prices and neighboring fuel prices on regional retail fuel prices in the EU markets. This approach captures the changing price shock propagation and cross-market dependency of retail...
Persistent link: https://www.econbiz.de/10012894933
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Is the German retail gas market competitive? a spatial-temporal analysis using quantile regression
Kihm, Alex; Ritter, Nolan; Vance, Colin - 2014
We explore whether non-competitive pricing prevails in Germany’s retail gasoline market by examining the influence of the crude oil price on the retail gasoline price, focusing specifically on how this influence varies according to the brand and to the degree of competition in the vicinity of...
Persistent link: https://www.econbiz.de/10010442326
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Is the German Retail Gas Market Competitive? A Spatial-temporal Analysis Using Quantile Regression
Vance, Colin; Kihm, Alexander; Ritter, Nolan - Rheinisch-Westfälisches Institut für … - 2014
We explore whether non-competitive pricing prevails in Germany’s retail gasoline market by examining the influence of the crude oil price on the retail gasoline price, focusing specifically on how this influence varies according to the brand and to the degree of competition in the vicinity of...
Persistent link: https://www.econbiz.de/10011100005
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Heterogeneity in price elasticity of vehicle kilometers traveled: Evidence from micro-level panel data
Tilov, Ivan; Weber, Sylvain - 2020
panel dataset of 1,138 Swiss households. Elasticities are estimated for different segments of households, based on their … sensitivity across segments. Households who live in urban areas, who live farther from their workplace, and who own more efficient … that travel-intensive households are responsive to changes in gasoline price, while less intensive drivers do not exhibit …
Persistent link: https://www.econbiz.de/10012609080
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Formative Experiences and the Price of Gasoline
Severen, Christopher; van Benthem, Arthur A. - 2019
An individual’s initial experiences with a common good, such as gasoline, can shape their behavior for decades. We first show that the 1979 oil crisis had a persistent negative effect on the likelihood that individuals that came of driving age during this time drove to work in the year 2000...
Persistent link: https://www.econbiz.de/10012052863
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Formative experiences and the price of gasoline
Severen, Christopher; Benthem, Arthur A. van - 2019
An individual’s initial experiences with a common good, such as gasoline, can shape their behavior for decades. We first show that the 1979 oil crisis had a persistent negative effect on the likelihood that individuals that came of driving age during this time drove to work in the year 2000...
Persistent link: https://www.econbiz.de/10012035053
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Formative experiences and the price of gasoline
Severen, Christopher; Benthem, Arthur A. van - 2019
An individual's initial experiences with a common good, such as gasoline, can shape their behavior for decades. We first show that the 1979 oil crisis had a persistent negative effect on the likelihood that individuals that came of driving age during this time drove to work in the year 2000...
Persistent link: https://www.econbiz.de/10012197718