DOI: 10.1016/j.enpol.2020.111315
论文题名: Do classes of gas stations contribute differently to fuel prices? Evidence to foster effective competition in Spain
作者: Balaguer J. ; Ripollés J.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 139 语种: 英语
中文关键词: Competition policy
; Retail prices
; Spain
; Transportation fuel
英文关键词: Commerce
; Fuels
; Competition policy
; Empirical analysis
; Policy measures
; Retail distribution
; Retail price
; Shedding light
; Spain
; Transportation fuels
; Costs
; competition (economics)
; European Union
; fuel consumption
; price dynamics
; retailing
; Spain
英文摘要: Despite the relatively large number of gas stations reached in Spain after decades of sectorial reforms, pre-tax fuel prices in the country remain systematically among the highest in the EU. The literature provides evidence suggesting that a low intensity of competition in the retail distribution could contribute to these casual observations. With the purpose of shedding light on ways to design effective competition measures, we conduct an empirical analysis of more than ten million observations containing information about prices, brands, and locations at the station level. This allows us to know whether the exit (entry) of some classes of stations have the ability to reduce the prices of nearby competitors. Our results suggest that the presence in a local market of a station belonging to the network of the dominant market companies will tend to generate prices above the average. This is not only because these stations set higher prices but also because their presence will give rise to overpricing by local competitors. The opposite occurs with the self-advertised as “low-cost” stations. Policy measures promoting the gradual exit of stations associated with the dominant companies seem quite reasonable in view of the commitment to the transition toward transport decarbonization. © 2020 Elsevier Ltd Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167010
Appears in Collections: 气候变化与战略
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作者单位: Department of Economics and Institute of International Economics, Universitat Jaume I, Av. de Vicent Sos Baynat, S/n, Castelló, 12071, Spain
Recommended Citation:
Balaguer J.,Ripollés J.. Do classes of gas stations contribute differently to fuel prices? Evidence to foster effective competition in Spain[J]. Energy Policy,2020-01-01,139