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To increase competition in the retail market for gasoline, Germany's Federal Cartel Office established the so …-called Market Transparency Unit for Fuels (MTU). Drawing on a panel data set covering 6,834 stations in Germany and employing both … margins of gas stations. We find that the MTU fostered a more intense competition, with a reduction in price margins of 1 …
Persistent link: https://www.econbiz.de/10012155116
majors in Germany. We assemble a high-frequency panel data set that encompasses millions of price observations and allows us … identical across brands, irrespective of the lag count, suggesting a high degree of competition among brands. … den fünf großen Tankstellenmarken. Dies spricht für eine sehr hohes Maß an Wettbewerb im deutschen Tankstellenmarkt. Die …
Persistent link: https://www.econbiz.de/10011312581
Most of the literature on retail fuel markets find high-frequency and asymmetric price cycles. This is typically explained by the model of Edgeworth price cycles. A key element of this model is that prices fall to marginal costs during a cycle. It seems challenging to address this assumption...
Persistent link: https://www.econbiz.de/10011992354
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regulation seems to have fostered competition between fuel retailers. …
Persistent link: https://www.econbiz.de/10011842139
Drawing on panel data on daily fuel prices covering over 5,000 filling stations in Germany, this paper documents a …Dieses Paper analysiert einen Paneldatensatz täglicher Kraftstoffpreise von über 5000 Tankstellen in Deutschland und …
Persistent link: https://www.econbiz.de/10012063182
Problem Definition: We empirically evaluate the short-term effects of time-based tariffs on the electricity demand, consumer welfare, retailers and the environment.Academic/Practical Relevance: Electricity retailers around the world have been introducing time-based pricing programs. We study the...
Persistent link: https://www.econbiz.de/10012935697
To provide the basis for evaluating the effectiveness of price policies, this paper contributes to the literature by estimating the heterogeneity in the response of residential electricity demand to price increases across household types. Drawing on household panel data from the German...
Persistent link: https://www.econbiz.de/10011962567
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 the station. Our analysis identifies several factors other than …
Persistent link: https://www.econbiz.de/10010442326
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