Market competition in the downstream oil industry is there evidence of price asymmetry?

Casual observation that domestic gasoline prices increase immediately and more than proportionately when global prices rise, while they tend to decrease slowly and less than proportionately when global prices decline, has fuelled speculation that the major oil industry players are engaging in collus...

ver descrição completa

Detalhes bibliográficos
Publicado no:Philippine Review of Economics Vol. LI, no. 2 (Dec. 2014), 1-20
Autor principal: Abrenica, Ma. Joy
Outros Autores: Danao, Rolando A., Mendoza, Nimfa Ma
Formato: Artigo
Idioma:English
Publicado em: 2014
Assuntos: