| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12879 |
| DP12879 Measuring Market Power in Gasoline Retailing: A Market- or Station Phenomenon? | |
| Frode Steen; Mai Nguyen-Ones | |
| 发表日期 | 2018-04-18 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Applying detailed consecutive daily micro data at the gasoline station level from Sweden we estimate a structural model to uncover the degree of competition in the gasoline retail market. We find that retailers do exercise market power, but despite the high upstream concentration, the market power is very limited on the downstream level. The degree of market power varies with both the distance to the nearest station and the local density of gasoline stations. A higher level of service tends to raise a seller’s market power; self-service stations have close to no market power. Contractual form and brand identity also seem to matter. We find a clear result: local station characteristics significantly affect the degree of market power. Our results indicate that local differences in station characteristics can more than offset the average market power found for the whole market. |
| 主题 | Industrial Organization |
| 关键词 | Gasoline markets market power Markup estimation Local market competition |
| URL | https://cepr.org/publications/dp12879 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541690 |
| 推荐引用方式 GB/T 7714 | Frode Steen,Mai Nguyen-Ones. DP12879 Measuring Market Power in Gasoline Retailing: A Market- or Station Phenomenon?. 2018. |
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