气候变化领域集成服务门户(CCPortal): Do classes of gas stations contribute differently to fuel prices? Evidence to foster effective competition in Spain

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DOI	10.1016/j.enpol.2020.111315
	Do classes of gas stations contribute differently to fuel prices? Evidence to foster effective competition in Spain
	Balaguer J.; Ripollés J.
发表日期	2020
ISSN	0301-4215
卷号	139
英文摘要	Despite the relatively large number of gas stations reached in Spain after decades of sectorial reforms, pre-tax fuel prices in the country remain systematically among the highest in the EU. The literature provides evidence suggesting that a low intensity of competition in the retail distribution could contribute to these casual observations. With the purpose of shedding light on ways to design effective competition measures, we conduct an empirical analysis of more than ten million observations containing information about prices, brands, and locations at the station level. This allows us to know whether the exit (entry) of some classes of stations have the ability to reduce the prices of nearby competitors. Our results suggest that the presence in a local market of a station belonging to the network of the dominant market companies will tend to generate prices above the average. This is not only because these stations set higher prices but also because their presence will give rise to overpricing by local competitors. The opposite occurs with the self-advertised as “low-cost” stations. Policy measures promoting the gradual exit of stations associated with the dominant companies seem quite reasonable in view of the commitment to the transition toward transport decarbonization. © 2020 Elsevier Ltd
英文关键词	Competition policy; Retail prices; Spain; Transportation fuel
学科领域	Commerce; Fuels; Competition policy; Empirical analysis; Policy measures; Retail distribution; Retail price; Shedding light; Spain; Transportation fuels; Costs; competition (economics); European Union; fuel consumption; price dynamics; retailing; Spain
语种	英语
scopus关键词	Commerce; Fuels; Competition policy; Empirical analysis; Policy measures; Retail distribution; Retail price; Shedding light; Spain; Transportation fuels; Costs; competition (economics); European Union; fuel consumption; price dynamics; retailing; Spain
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/118088
作者单位	Department of Economics and Institute of International Economics, Universitat Jaume I, Av. de Vicent Sos Baynat, S/n, Castelló, 12071, Spain
推荐引用方式 GB/T 7714	Balaguer J.,Ripollés J.. Do classes of gas stations contribute differently to fuel prices? Evidence to foster effective competition in Spain[J],2020,139.
APA	Balaguer J.,&Ripollés J..(2020).Do classes of gas stations contribute differently to fuel prices? Evidence to foster effective competition in Spain.Energy Policy,139.
MLA	Balaguer J.,et al."Do classes of gas stations contribute differently to fuel prices? Evidence to foster effective competition in Spain".Energy Policy 139(2020).