Rohölpreise und Steuern als Bestimmungsgründe für Benzin und Dieselpreise: Eine empirische Untersuchung für den österreichischen Tankstellenmarkt

Jaenicke, Johannes (January 2010) Rohölpreise und Steuern als Bestimmungsgründe für Benzin und Dieselpreise: Eine empirische Untersuchung für den österreichischen Tankstellenmarkt. Applied Research Series 2

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Abstract: This paper analyses the reaction of Austrian gasoline and diesel retail prices on changes of the corresponding taxes and international crude oil prices. Estimating vector error correction models over the period January 1980 to May 2008, wefind that diesel prices and gasoline prices are not separable in the long run. Crude oil price or tax changes are passed on completely to consumer gasoline prices and even disproportionately strong to diesel prices. Asymmetric price adjustments of fuel prices are small and statistically not significant.;

Item Type: IHS Series
Keywords: 'Fuel market' 'Asymmetric price adjustment' 'Cointegration' 'Nonlinear error correction models'
Classification Codes (e.g. JEL): C22, C32, L11, Q40
Status: Published
Date Deposited: 26 Sep 2014 10:39
Last Modified: 01 Apr 2016 14:14
URI: http://irihs.ihs.ac.at/id/eprint/1966

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