Nationale und internationale Bestimmungsfaktoren der schweizerischen Mineralölpreise
Swiss Journal of Economics and Statistics (SJES), 1994, vol. 130, issue III, 575-598
This paper investigates how Swiss consumer prices for gasoline and light heating oil react to changes in corresponding Rotterdam prices and tax rates. Monthly data from January 1977 to June 1993 are employed. After using unit root, Granger causality and cointegration tests error correction models are estimated to seperate long-run equilibrium relations from short-run adjustment processes. Only the Rotterdam prices and the tax rates have a long-run influence on Swiss consumer prices. Changes of the crude oil price have at best a short-run impact. However, tax changes and - with respect to heating oil - also Rotterdam price changes are transferred to more than 100 percent. This might indicate that Swiss mineral oil markets are not fully contested.
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ses:arsjes:1994-iii-19
Access Statistics for this article
Swiss Journal of Economics and Statistics (SJES) is currently edited by Rafael Lalive
More articles in Swiss Journal of Economics and Statistics (SJES) from Swiss Society of Economics and Statistics (SSES) Contact information at EDIRC.
Bibliographic data for series maintained by Peter Steiner ().