193
Views
0
CrossRef citations to date
0
Altmetric
Articles

Re-examining the asymmetric gasoline pricing mechanism in EU: a note on a panel threshold analysis

, &

References

  • Borenstein, S. 1991. “Selling Costs and Switching Costs: Explaining Retail Gasoline Margins.” RAND Journal of Economics 22 (3): 354–369. doi:10.2307/2601052.
  • Borenstein, S., C. A. Cameron, and R. Gilbert. 1997. “Do Gasoline Prices Respond Asymmetrically to Crude Oil Price Changes?” Quarterly Journal of Economics 112: 305–339. doi:10.1162/003355397555118.
  • Borenstein, S., and A. Shepard. 1996. “Dynamic Pricing in Retail Gasoline Markets.” RAND Journal of Economics 27 (3): 429–451. doi:10.2307/2555838.
  • Cabral, L., and A. Fishman. 2012. “Business as Usual: A Consumer Search Theory of Sticky Prices and Asymmetric Price Adjustment.” International Journal of Industrial Organization 30 (4): 371–376. doi:10.1016/j.ijindorg.2012.01.003.
  • Chen, C., M. Polemis, and T. Stengos. 2019. “Can Exchange Rate Pass-through Explain the Asymmetric Gasoline Puzzle? Evidence from a Pooled Panel Threshold Analysis of the EU.” Energy Economics 81: 1–12. doi:10.1016/j.eneco.2019.03.010.
  • Deltas, G. 2008. “Retail Gasoline Price Dynamics and Local Market Power.” Journal of Industrial Economics 56: 613–628. doi:10.1111/j.1467-6451.2008.00350.x.
  • Deniz, P., T. Stengos, and M. E. Yazgan. 2018. “Identification of Common Factors in Panel Data Growth Model.” Economics Letters 168: 94–97. doi:10.1016/j.econlet.2018.04.021.
  • Feenstra, R. C. 1989. “Symmetric Pass-Through of Tariffs and Exchange Rates under Imperfect Competition: An Empirical Test.” Journal of International Economics 27 (1,2): 25–45. doi:10.1016/0022-1996(89)90076-7.
  • Galeotti, M., A. Lanza, and M. Manera. 2003. “Rockets and Feathers Revisited: An International Comparison on European Gasoline Markets.” Energy Economics 25: 175–190. doi:10.1016/S0140-9883(02)00102-0.
  • Godby, R., A. Lintner, T. Stengos, and B. Wandschneider. 2000. “Testing for Asymmetric Pricing in the Canadian Retail Gasoline Market.” Energy Economics 22 (3): 349–368. doi:10.1016/S0140-9883(99)00030-4.
  • Goldberg, P., and M. Knetter. 1997. “Goods Prices and Exchange Rates: What Have We Learned?” Journal of Economic Literature 35 (3): 1243–1272.
  • Greenwood-Nimmo, M., and Y. Shin. 2013. “Taxation and the Asymmetric Adjustment of Selected Retail Energy Prices in the UK.” Economics Letters 121: 411–416. doi:10.1016/j.econlet.2013.09.020.
  • Hansen, B. E. 1999. “Threshold Effects in Non-dynamic Panels: Estimation, Testing, and Inference.” Journal of Econometrics 93 (2): 345–368. doi:10.1016/S0304-4076(99)00025-1.
  • Kourtellos, A., T. Stengos, and T. C. Ming. 2016. “Structural Threshold Regression.” Econometric Theory 32 (4): 827–860. doi:10.1017/S0266466615000067.
  • Kourtellos., A., T. Stengos, and Y. Sun (2017). “Endogeneity in Semiparametric Threshold Regression.” Working Paper Series 17, Rimini Centre for Economic Analysis.
  • Pesaran, H., (2003). “A Simple Panel Unit Root Test in the Presence of Cross Section Dependence.”Cambridge Working Papers in Economics 0346, Faculty of Economics (DAE), University of Cambridge
  • Seo, M. H., and Y. Shin. 2016. “Dynamic Panels with Threshold Effect and Endogeneity.” Journal of Econometrics 195 (2): 169–186. doi:10.1016/j.jeconom.2016.03.005.
  • Slade, M. 1992. “Vancouver’s Gasoline-price Wars: An Empirical Exercise in Uncovering Supergame Strategies.” Review of Economic Studies 59 (2): 257–276. doi:10.2307/2297954.
  • Westerlund, J. 2007. “Testing for Error Correction in Panel Data.” Oxford Bulletin of Economics and Statistics 69: 709–748. doi:10.1111/obes.2007.69.issue-6.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.