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Persistent link: https://www.econbiz.de/10011698794
We propose a novel spatial panel quantile regression method to investigate the impact of crude oil and carbon prices and neighboring fuel prices on regional retail fuel prices in the EU markets. This approach captures the changing price shock propagation and cross-market dependency of retail...
Persistent link: https://www.econbiz.de/10012894933
We explore whether non-competitive pricing prevails in Germany’s retail gasoline market by examining the influence of the crude oil price on the retail gasoline price, focusing specifically on how this influence varies according to the brand and to the degree of competition in the vicinity of...
Persistent link: https://www.econbiz.de/10010442326
This article uses a rich panel dataset of 1,741 Swiss households in order to examine the effect of fuel prices on … household car travel demand. Elasticities are estimated for different segments of households, based on their socio-economic and … segments of households. Lower-income households, households living in urban areas, drivers in retirement age and drivers with …
Persistent link: https://www.econbiz.de/10012392197
An increase in energy-cost can induce energy efficiency improvement - a reduction in energy-output ratio. There are well-established theoretical conjectures of how this can take place. As the relative energy-cost increases, it induces firms to reallocate and selectively utilize the most...
Persistent link: https://www.econbiz.de/10011532109
Using recent advances in panel data estimation techniques, we find that an appreciation of the US dollar exchange rate leads to a significant decline in oil demand for a sample of 65 oil-importing countries. The estimated effect turns out to be much larger than the impact of a shift in the...
Persistent link: https://www.econbiz.de/10013086048
Persistent link: https://www.econbiz.de/10009779185
Persistent link: https://www.econbiz.de/10009779409
Using recent advances in panel data estimation techniques, we find that an appreciation of the US dollar exchange rate leads to a significant decline in oil demand for a sample of 65 oil-importing countries. The estimated effect turns out to be much larger than the impact of a shift in the...
Persistent link: https://www.econbiz.de/10009707558
This study aims to estimate electricity demand functions in Japan's industrial and commercial sectors. We adopt data from the Energy Consumption Statistics by Prefecture by the Ministry of Economy, Trade and Industry, Japan, to delineate the demand between the industrial and commercial sector....
Persistent link: https://www.econbiz.de/10011386767