Analyzing Unleaded Gasoline Retail Price Patterns in Greece: Apr.2011-Dec.2012

The paper studies the daily price patterns of unleaded gasoline across fueling stations in Greece during April 2011-December 2012 by (a) econometrically estimating the impact of refinery prices, brands, geography, the number of competitors in the area, the day of the week, seasonality and transportation strikes on average gasoline prices at the local community level (194 thousand observations), and (b) exploring price-leadership among vendors in Athens, Thessaloniki and a number of other large municipalities via Granger causality tests.

MoreLess

Year of publication:	2014
Authors:	Petralias, Athanasios ; Petros, Sotirios ; Prodromidis, Prodromos
Published in:	South-Eastern Europe Journal of Economics. - Association of Economic Universities of South and Eastern Europe and the Black Sea Region - ASECU. - Vol. 12.2014, 2, p. 215-241
Publisher:	Association of Economic Universities of South and Eastern Europe and the Black Sea Region - ASECU
Subject:	Unleaded gasoline \| Retail prices \| Regression of disaggregated data \| Granger causality \| Greece

More details

Extent:	application/pdf
Type of publication:	Article
Classification:	C23 - Models with Panel Data ; D40 - Market Structure and Pricing. General ; L81 - Retail and Wholesale Trade; Warehousing
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011144595