DOMESTIC PRICES FOR MOTOR GASOLINE. IS IT PERMISSIBLE TO INCREASE THEM?

Georgy Idrisov and Andrey Kaukin

Russian Economic Development, 2015, issue 5, 26-28

Abstract: Over the fi rst few months of 2015, Russian domestic ruble-denominated retail and wholesale prices for motor gasoline have stayed below their level that would have been achieved, should the law of one price (LOP) with the foreign market be applied to this situation. The main factors behind this phenomenon may be the rigidity of Russia’s domestic prices, infrastructural or regulatory constraints on commerce, and signifi cant alterations in the export price structure. In view of the current situation, we can speak of a probable increase of domestic motor gasoline prices in the nearest future.

Keywords: :; Trade (search for similar items in EconPapers)
Date: 2015
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