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...

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Manylion Llyfryddiaeth
Cyhoeddwyd yn:Philippine Review of Economics Vol. LI, no. 2 (Dec. 2014), 1-20
Prif Awdur: Abrenica, Ma. Joy
Awduron Eraill: Danao, Rolando A., Mendoza, Nimfa Ma
Fformat: Erthygl
Iaith:English
Cyhoeddwyd: 2014
Pynciau: