Determinants of fuel prices: dominant firms, local monopolies and ‘captive’ demand
نویسندگان
چکیده
منابع مشابه
Automobile Prices, Gasoline Prices, and Consumer Demand for Fuel Economy
The relationship between gasoline prices and the demand for vehicle fuel efficiency is important for environmental policy but poorly understood in the academic literature. We provide empirical evidence that automobile manufacturers price as if consumers respond to gasoline prices. We derive a reduced-form regression equation from theoretical micro-foundations and estimate the equation with near...
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ژورنال
عنوان ژورنال: Regional Studies, Regional Science
سال: 2020
ISSN: 2168-1376
DOI: 10.1080/21681376.2020.1811138