AN EXAMINATION OF THE EFFECTS OF ENVIRONMENTAL REGULATIONS ON RETAIL GASOLINE PRICE SEASONALITY

Michael Davis

Contemporary Economic Policy, 2021, vol. 39, issue 1, 178-193

Abstract: Stricter environmental standards on gasoline have had impacts on the prices of gasoline including the seasonality of gasoline prices. Using both national data and individual station data, the paper tests for a possible explanation for this increase. Three theories are tested: that gasoline seasonality increases due to higher costs, due to greater market power because of segmented markets, or due to greater asymmetry because of greater inattention on the part of customers. The results suggest that gasoline price seasonality has increased both due to higher costs and greater market power with mixed results on the inattention of consumers.(JEL Q41, Q53, Q58).

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/coep.12491

Related works:
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:bla:coecpo:v:39:y:2021:i:1:p:178-193

Ordering information: This journal article can be ordered from
https://ordering.onl ... 5-7287&ref=1465-7287

Access Statistics for this article

Contemporary Economic Policy is currently edited by Brad R. Humphreys

More articles in Contemporary Economic Policy from Western Economic Association International Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().