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Hypermarkets are large retail suppliers of general merchandise or grocery items that also sell gasoline, often at very … gasoline prices. The empirical results suggest a robust, economically (and statistically) significant effect of increased … price reductions. Finally, using recently published estimates of the short-run own price elasticity of demand for gasoline …
Persistent link: https://www.econbiz.de/10015220145
We try to determine whether capacity expansion timing in oligopoly among incumbents can be considered mobility deterring. We study the United Kingdom ´s petroleum refining industry between 1948 and 1998. Using tobit models, evidence is conclusive about accommodation among incumbents. We infer...
Persistent link: https://www.econbiz.de/10015227767
We try to get a handle on whether capacity expansion timing patterns in oligopoly among incumbents are followed. We study the United Kingdom ´s petroleum refining industry between 1948 and 1998. Using fixed-effects logit models, we find that U.K.´s refiners have not followed any definite...
Persistent link: https://www.econbiz.de/10015227773
We try to get a handle on whether capacity expansion timing patterns in oligopoly among incumbents are followed. We study the United Kingdom ´s petroleum refining industry between 1948 and 1998. Using fixed-effects logit models, we find that U.K.´s refiners have not followed any definite...
Persistent link: https://www.econbiz.de/10015231843
Why did OPEC not cut oil production in the wake of 2014’s price fall? This study aims at aiding the mostly qualitative discussion with quantitative evidence from computing quarterly partial market equilibria Q4 2011 – Q4 2015 under present short-term profit maximisation and different...
Persistent link: https://www.econbiz.de/10015258226
Основна цел на овој труд е да покаже што претставува нафтата за светското стопанство, нејзиното производство и употреба, влијанието на нафтата и нафтените...
Persistent link: https://www.econbiz.de/10015246898
Why did OPEC not cut oil production in the wake of 2014’s price fall? This study aims at aiding the mostly qualitative discussion with quantitative evidence from computing quarterly partial market equi-libria Q4 2011 – Q4 2015 under present short-term profit maximisation and different...
Persistent link: https://www.econbiz.de/10015255852
“Being rich in energy resources – a blessing or a curse” finds that an energy resource curse plagues many EU supplier states. This in turn directly affects Europe’s energy supply security and threatens to engulf Europe in unwanted hostilities at home and abroad. The study addresses seven...
Persistent link: https://www.econbiz.de/10015212468
There is an adage about wealth and democracy that says “the more well-to-do a nation, the greater the chances it will sustain democracy.” Accordingly, one would expect that nations rich in natural resources, and particularly those with large deposits of oil – a clear absolute advantage –...
Persistent link: https://www.econbiz.de/10015212477
Nonprofit (NP) organizations provide key social service goods but rely on donations, obtained in a competitive environment, for that provision. Yet most research focuses on competition in the output markets without considering inter- and intra-sector competition in the markets for donations....
Persistent link: https://www.econbiz.de/10015213254