Market Power, Vertical Integration and the Wholesale Price of Gasoline

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Market Power, Vertical Integration and the Wholesale Price of Gasoline by : Justine S. Hastings

Download or read book Market Power, Vertical Integration and the Wholesale Price of Gasoline written by Justine S. Hastings and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines empirically the relationship between vertical integration and wholesale gasoline prices. We use discrete and differential changes in the extent of vertical integration generated by mergers in West Coast gasoline refining and retailing markets to test for incentives to raise rivals' costs. The research design allows us to test for a relationship between vertical integration and wholesale prices, controlling for horizontal market structure, cost shocks and trends. We find evidence consistent with the strategic incentive to raise competitors' input costs. This suggests that vertical integration can have a significant impact on wholesale prices.

Vertical Integration in Gasoline Supply

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Vertical Integration in Gasoline Supply by : Richard Gilbert

Download or read book Vertical Integration in Gasoline Supply written by Richard Gilbert and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the relationship between the structure of the market for the refining and distribution of gasoline and the wholesale price of unbranded gasoline sold to independent gasoline retailers. Theoretically, the effect of an increase in vertical integration is ambiguous because opposing forces act to increase and decrease wholesale prices. We empirically examine the effects of vertical and horizontal market structures on wholesale prices using both a broad panel and an event analysis. The panel covers twenty-six metropolitan areas from January 1993 through June 1997. The event is a merger of Tosco and Unocal in 1997 that changed the vertical and horizontal structure of thirteen West Coast metropolitan areas. Both data sets show that an increase in the degree of vertical integration is associated with higher wholesale prices.

Vertical Relationships and the Firm in the Global Economy

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781781958254
Total Pages : 200 pages
Book Rating : 4.9/5 (582 download)

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Book Synopsis Vertical Relationships and the Firm in the Global Economy by : Khalid Sekkat

Download or read book Vertical Relationships and the Firm in the Global Economy written by Khalid Sekkat and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the vertical relationships of firms in an international context. These relationships, Khalid Sekkat argues, have gained further relevance due to the notable increase in vertical specialization of production across borders in the past few years.

Gasoline price changes the dynamic of supply, demand, and competition.

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Publisher : DIANE Publishing
ISBN 13 : 1428950044
Total Pages : 166 pages
Book Rating : 4.4/5 (289 download)

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Book Synopsis Gasoline price changes the dynamic of supply, demand, and competition. by :

Download or read book Gasoline price changes the dynamic of supply, demand, and competition. written by and published by DIANE Publishing. This book was released on 2005 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Gas Prices

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ISBN 13 :
Total Pages : 742 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis Gas Prices by : United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on Investigations

Download or read book Gas Prices written by United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on Investigations and published by . This book was released on 2002 with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Gas Prices

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Publisher :
ISBN 13 :
Total Pages : 728 pages
Book Rating : 4.:/5 (51 download)

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Book Synopsis Gas Prices by : United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on Investigations

Download or read book Gas Prices written by United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on Investigations and published by . This book was released on 2002 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Driving Down the Cost of Filling Up

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Publisher : Commerce Department
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.0/5 (14 download)

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Book Synopsis Driving Down the Cost of Filling Up by : United States. Congress. House. Committee on Government Reform. Subcommittee on Energy Policy, Natural Resources, and Regulatory Affairs

Download or read book Driving Down the Cost of Filling Up written by United States. Congress. House. Committee on Government Reform. Subcommittee on Energy Policy, Natural Resources, and Regulatory Affairs and published by Commerce Department. This book was released on 2005 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Retail Policies and Competition in the Gasoline Industry

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (9 download)

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Book Synopsis Retail Policies and Competition in the Gasoline Industry by : Severin Borenstein

Download or read book Retail Policies and Competition in the Gasoline Industry written by Severin Borenstein and published by . This book was released on 2005 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Oxford Handbook of International Antitrust Economics

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Publisher :
ISBN 13 : 0199859191
Total Pages : 633 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis The Oxford Handbook of International Antitrust Economics by : Roger D. Blair

Download or read book The Oxford Handbook of International Antitrust Economics written by Roger D. Blair and published by . This book was released on 2015 with total page 633 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook examines the most important issues that arise in antitrust economics. Leading scholars in the field provide detailed critical analysis of developments across a number of different antitrust topics along with a detailed review of the literature. The Handbook is invaluable as a research and teaching tool.

Vertical integration as a source of market power

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ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (748 download)

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Book Synopsis Vertical integration as a source of market power by : John H. Phelps

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Engineering Interrelated Electricity Markets

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Publisher : Springer Science & Business Media
ISBN 13 : 3790820687
Total Pages : 181 pages
Book Rating : 4.7/5 (98 download)

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Book Synopsis Engineering Interrelated Electricity Markets by : Anke Weidlich

Download or read book Engineering Interrelated Electricity Markets written by Anke Weidlich and published by Springer Science & Business Media. This book was released on 2008-10-08 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to the characteristics of electricity, power markets rank among the most complex markets operated at present. The requirements of an environmentally sustainable, economically efficient, and secure energy supply have resulted in the emergence of several interrelated markets that have to be carefully engineered in order to ensure efficient market outcomes. This book presents an agent-based simulation model that facilitates electricity market research. Simulation outcomes from this model are validated against price data from German power markets. The results significantly contribute to existing research in agent-based simulation and electricity market modeling, and provide insights into the impact of the market structure and market design on electricity prices. The book addresses researchers, lecturers and students who are interested in applying agent-based simulation to power markets. It provides a thorough discussion of the methodology and helpful details for model implementation.

Handbook of Industrial Organization

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Publisher : Elsevier
ISBN 13 : 0323915140
Total Pages : 788 pages
Book Rating : 4.3/5 (239 download)

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Book Synopsis Handbook of Industrial Organization by :

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Essays on Vertical Relationships, Competition and Regulation in the Gasoline Industry

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Publisher :
ISBN 13 :
Total Pages : 258 pages
Book Rating : 4.:/5 (34 download)

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Book Synopsis Essays on Vertical Relationships, Competition and Regulation in the Gasoline Industry by : Justine Shirin Hastings

Download or read book Essays on Vertical Relationships, Competition and Regulation in the Gasoline Industry written by Justine Shirin Hastings and published by . This book was released on 2001 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Vertical Integration in the Oil Industry

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Publisher : National Energy Study
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.:/5 (37 download)

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Book Synopsis Vertical Integration in the Oil Industry by : Edward John Mitchell

Download or read book Vertical Integration in the Oil Industry written by Edward John Mitchell and published by National Energy Study. This book was released on 1976 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Crude Oil

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Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Crude Oil by : United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Competition Policy, and Consumer Rights

Download or read book Crude Oil written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Competition Policy, and Consumer Rights and published by . This book was released on 2004 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Vertical Integration in Gasoline Supply

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ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (48 download)

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Book Synopsis Vertical Integration in Gasoline Supply by : Richard J. Gilbert

Download or read book Vertical Integration in Gasoline Supply written by Richard J. Gilbert and published by . This book was released on 2001 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy Markets

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ISBN 13 :
Total Pages : 246 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Energy Markets by : United States. General Accounting Office

Download or read book Energy Markets written by United States. General Accounting Office and published by . This book was released on 2004 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: