The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … convergence ; law of one price ; gasoline ; international taxation ; European integration ; panel unit roots … test for the absolute versus relative version of the law of one price (LOOP) and estimate the speed of convergence as well …

The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … over time. Our results show that the absolute version of the LOOP cannot be supported. Constant price differences between …

price (LOP) over the first few months of 2015. The main factors of phenomenon are the rigidity of Russia's domestic gasoline … prices, infrastructural or regulatory trade constraints, and possible changes in the Russian gasoline export price structure …Russian domestic ruble retail and wholesale gasoline prices have stayed below the level predicted by the law of one …