Selling Gasoline as a By-Product: The Impact of Market Structure on Local Prices
Justus Haucap,
Ulrich Heimeshoff and
Manuel Siekmann
VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association
Abstract:
We use a novel data set with exact price quotes from virtually all German gasoline stations to empirically investigate how a temporary variance in local market structure induced by restricted opening hours of specific players affects price competition. We find that, during their hours of opening, they have a significant negative price effect on nearby competitors.
JEL-codes: L71 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-com, nep-ene, nep-mkt and nep-tre
References: Add references at CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
https://www.econstor.eu/bitstream/10419/168198/1/VfS-2017-pid-3124.pdf (application/pdf)
Related works:
Working Paper: Selling gasoline as a by-product: The impact of market structure on local prices (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168198
Access Statistics for this paper
More papers in VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics (econstor@zbw-workspace.eu).