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This paper assesses the dynamic pass-through of crude oil price shocks to retail fuel prices using a novel database on … crude oil prices per liter translates into a 1.2 cent increase in the retail gasoline price at peak level six months after … to two cents in advanced economies. The results also show that positive oil price shocks have a larger impact than …
Persistent link: https://www.econbiz.de/10012962161
This paper investigates the impact of ethanol blending mandates on retail fuel prices in the United States. It uses the modifications of three microeconomics models - partial equilibrium theoretical model by de Gorter and Just, partial equilibrium simulation model of Drabik et al. and Wu and...
Persistent link: https://www.econbiz.de/10015069549
were limited. Using U.S. fuel price data from the seven Petroleum Administration for Defense Districts (PADD), our study … explored the horizontal price transmission between gasoline and alternative fuel and the vertical price transmission between …
Persistent link: https://www.econbiz.de/10014353088
price jump smaller than the size of the expiring tax reduction at the start of September. Our results are robust to …
Persistent link: https://www.econbiz.de/10013380895
The demand for motor fuel should decline when its price rises, but how exactly does that happen? Do people drive less … reduced-form regressions show that while the VKTs driven by gasoline cars decrease when the price of gasoline rises, their … the VKTs and the fuel economy of diesel cars appear to be insensitive to changes in the price of diesel. Latent class …
Persistent link: https://www.econbiz.de/10013250120
, reaching 1,293 per annum. These were also years of relatively cheap fuel following the dramatic decline in the world oil price …
Persistent link: https://www.econbiz.de/10012925838
. We apply a hedonic price model to the German automobile market by using data on detailed technical specifications of high …
Persistent link: https://www.econbiz.de/10011975298
price regulations. Consumers demand stricter fuel price regulations to provide transparency about the current price level … and to protect them from sudden price fluctuations. Such regulations are already in place in several countries, but … whether they indeed help lower the overall fuel price level is unclear. In this paper, we study the effect of Austria's Fuel …
Persistent link: https://www.econbiz.de/10012415508
The demand for motor fuel should decline when its price rises, but how exactly does that happen? Do people drive less … reduced-form regressions show that while the VKTs driven by gasoline cars decrease when the price of gasoline rises, their … the VKTs and the fuel economy of diesel cars appear to be insensitive to changes in the price of diesel. Latent class …
Persistent link: https://www.econbiz.de/10012433458
For the large majority of goods, the price dispersion between countries does not exceed 1:10. Diesel fuel stands out …, with a dispersion which exceeds 1:100. Given a constant oil price the difference in diesel fuel prices between countries is … caused by the different taxes. The average share of taxes in the price determines the normal price. An estimation of the …
Persistent link: https://www.econbiz.de/10013084886