This paper explores the degree of competition in various gasoline markets and infers possible causes of price asymmetry across the globe. For this purpose we use the Dynamic Ordinary Least Square method in order to estimate price asymmetry in twelve European countries and the United States for a...

This paper uses the generalized method of moments (GMM) estimation to a panel data error correction model (ECM) in order to measure the asymmetries in the transmission of shocks to input prices and exchange rate onto the wholesale and retail gasoline price, respectively. For this purpose, we use...

This paper attempts to cast light into the relationship between electricity consumption and economic growth in Greece in a multivariate framework. For this purpose we used cointegration techniques and the vector error correction model in order to capture short-run and long-run dynamics over the...