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Less Pain at the Pump? The Effects of Regulatory Interventions in Retail Gasoline Markets

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  4. Vol. 63, Issue 3
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Dewenter, R., Heimeshoff, U., Lüth, H. Less Pain at the Pump? The Effects of Regulatory Interventions in Retail Gasoline Markets. Applied Economics Quarterly, 63(3), 259-274. https://doi.org/10.3790/aeq.63.3.259
Dewenter, Ralf; Heimeshoff, Ulrich and Lüth, Hendrik "Less Pain at the Pump? The Effects of Regulatory Interventions in Retail Gasoline Markets" Applied Economics Quarterly 63.3, , 259-274. https://doi.org/10.3790/aeq.63.3.259
Dewenter, Ralf/Heimeshoff, Ulrich/Lüth, Hendrik: Less Pain at the Pump? The Effects of Regulatory Interventions in Retail Gasoline Markets, in: Applied Economics Quarterly, vol. 63, iss. 3, 259-274, [online] https://doi.org/10.3790/aeq.63.3.259
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Less Pain at the Pump? The Effects of Regulatory Interventions in Retail Gasoline Markets

Dewenter, Ralf | Heimeshoff, Ulrich | Lüth, Hendrik

Applied Economics Quarterly, Vol. 63 (2017), Iss. 3 : pp. 259–274

9 Citations (CrossRef)

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Article Details

Publisher Name
Duncker & Humblot
DOI
https://doi.org/10.3790/aeq.63.3.259
Language
English
Pages
16
Keywords

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Author Details

Dewenter, Ralf, Department of Economics, Helmut-Schmidt-University, Hamburg, Germany.

Heimeshoff, Ulrich, Institute for Competition Economics, Heinrich-Heine-University, Düsseldorf, Germany.

Lüth, Hendrik, Department of Economics, Helmut-Schmidt-University, Hamburg, Germany.

Cited By

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    Economic Change and Restructuring, Vol. 57 (2024), Iss. 2

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  2. Price Effects of the Austrian Fuel Price Fixing Act: A Synthetic Control Study

    Becker, Maike | Pfeifer, Gregor | Schweikert, Karsten

    Energy Economics, Vol. 97 (2021), Iss. P.105207

    https://doi.org/10.1016/j.eneco.2021.105207 [Citations: 8]

  3. Frictions in the Interbank Market and Uncertain Liquidity Needs: Implications for Monetary Policy Implementation

    Bucher, Monika | Hauck, Achim | Neyer, Ulrike

    SSRN Electronic Journal, Vol. (2014), Iss.

    https://doi.org/10.2139/ssrn.2490908 [Citations: 2]

  4. The Effects of a Day Off from Retail Price Competition: Evidence on Consumer Behavior and Firm Performance in Gasoline Retailing

    Foros, ystein | Nguyen, Mai | Steen, Frode

    SSRN Electronic Journal , Vol. (2017), Iss.

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  5. The Effects of a Day off from Retail Price Competition: Evidence on Consumer Behavior and Firm Performance in Gasoline Retailing

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    International Journal of the Economics of Business, Vol. 28 (2021), Iss. 1 P.49

    https://doi.org/10.1080/13571516.2020.1843381 [Citations: 0]

  6. Forecasting Gasoline Prices in the Presence of Edgeworth Price Cycles

    Noel, Michael D. | Chu, Lanlan

    SSRN Electronic Journal, Vol. (2015), Iss.

    https://doi.org/10.2139/ssrn.2650821 [Citations: 0]

  7. The Effect of Market Isolation on Competitive Behavior in Retail Petrol Markets

    Ghazanfari, Arezoo | Razmjoo, Armin

    Sustainability, Vol. 14 (2022), Iss. 13 P.8102

    https://doi.org/10.3390/su14138102 [Citations: 2]

  8. Volkswirtschaftliche Analyse von regulativen Eingriffen bei Preissnderungen von Treibstoffen (II) (Economic Analysis of Regulating Price Changes in the Gasoline Market (II))

    Handler, Heinz

    SSRN Electronic Journal , Vol. (2013), Iss.

    https://doi.org/10.2139/ssrn.2922423 [Citations: 0]

  9. International crude oil price, regulation and asymmetric response of China's gasoline price

    Chen, Hao | Sun, Zesheng

    Energy Economics, Vol. 94 (2021), Iss. P.105049

    https://doi.org/10.1016/j.eneco.2020.105049 [Citations: 24]

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Abstract

Abstract

Increasing price levels, high price volatility and the suspicion of collusive behavior are important topics of public debates on competition in retail gasoline markets in many countries. Several governments and competition authorities introduced fuel price regulations in form of restrictions on the frequencies of fuel price changes per day. We present empirical evidence of the effects of fuel price regulation in Austria and Western Australia using difference-indifferences methods to estimate treatment effects of the implementation of such pricing rules. Our estimates provide evidence that fuel price levels in Austria decreased after implementation of regulation. However, we cannot find robust significant effects of regulation on fuel price levels in Western Australia.

JEL-Classification: L52, L11, L71

Keywords: regulation, fuel price, Austria, Australia

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