J 2018

Is the Retail Gasoline Market Local or National?

KVASNIČKA, Michal, Rostislav STANĚK and Ondřej KRČÁL

Basic information

Original name

Is the Retail Gasoline Market Local or National?

Authors

KVASNIČKA, Michal (203 Czech Republic, belonging to the institution), Rostislav STANĚK (203 Czech Republic, belonging to the institution) and Ondřej KRČÁL (203 Czech Republic, belonging to the institution)

Edition

Journal of Industry, Competition and Trade, Springer US, 2018, 1566-1679

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50202 Applied Economics, Econometrics

Country of publisher

United States of America

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

RIV identification code

RIV/00216224:14560/18:00102298

Organization unit

Faculty of Economics and Administration

DOI

UT WoS

000424874300003

Keywords in English

Geographical relevant market; Retail gasoline market; Station density; Prices

Tags

International impact, Reviewed
Změněno: 17/3/2021 10:51, Ing. Michal Kvasnička, Ph.D.

Abstract

V originále

This paper studies the effect of station density on prices in the retail gasoline market in the Czech Republic. We estimate the impact of the number of competing stations in various driving-distance ranges around each station on prices. We find that station density has a negative effect on prices; the effect decreases with distance and is statistically significant up to six kilometers. This suggests that the retail gasoline market is local rather than national.

Links

MUNI/A/0998/2017, interní kód MU
Name: Ekonomické experimenty v oblasti organizace trhů a dopravní ekonomie (Acronym: IO experimenty)
Investor: Masaryk University, Category A