in China, Europe and the ASEAN countries, but lower prices, in a supply glut may stimulate more gas demand in price …

2020, we find for manufacturing establishments a gas price elasticity of labor demand of −0.02, likely reflecting a scale … effect. We also show that a rise in the gas price leads to an increase in establishment closure. A negative impact of the gas … price on wages of 2 percent is consistent with rent-sharing …

, supply and inventory shocks. We document how gas price fluctuations have a heterogeneous pass-through to euro area prices …