KVASNIČKA, Michal, Rostislav STANĚK and Ondřej KRČÁL. Is the Retail Gasoline Market Local or National? Journal of Industry, Competition and Trade. Springer US, 2018, vol. 18, No 1, p. 47-58. ISSN 1566-1679. Available from: https://dx.doi.org/10.1007/s10842-017-0249-0.
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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
Original language English
Type of outcome Article in a journal
Field of Study 50202 Applied Economics, Econometrics
Country of publisher United States of America
Confidentiality degree is not subject to a state or trade secret
WWW http://link.springer.com/article/10.1007/s10842-017-0249-0/fulltext.html
RIV identification code RIV/00216224:14560/18:00102298
Organization unit Faculty of Economics and Administration
Doi http://dx.doi.org/10.1007/s10842-017-0249-0
UT WoS 000424874300003
Keywords in English Geographical relevant market; Retail gasoline market; Station density; Prices
Tags International impact, Reviewed
Changed by Changed by: Ing. Michal Kvasnička, Ph.D., učo 847. Changed: 17/3/2021 10:51.
Abstract
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 MUName: Ekonomické experimenty v oblasti organizace trhů a dopravní ekonomie (Acronym: IO experimenty)
Investor: Masaryk University, Category A
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