Matches in SemOpenAlex for { <https://semopenalex.org/work/W3000281566> ?p ?o ?g. }
Showing items 1 to 67 of
67
with 100 items per page.
- W3000281566 abstract "The pricing mechanism in the gasoline market has often been the subject of public debate in Greece during the crisis years. Inefficient pricing could imply oligopolistic practices in the market and losses to consumers’ welfare in a period characterised by a dramatic fall in consumers’ income and standard of living. A way to test whether pricing is efficient in the market is by testing for asymmetries in the adjustment of domestic gasoline prices to world oil price changes. The present paper has two aims: (a) the first is to investigate the existence of asymmetric adjustment of gasoline prices to oil price variations in the Greek market, thus contributing to the relevant literature; (b) the second is to examine whether the structural reforms that took place in the gasoline market and the large fall in income, which characterise consumers’ behaviour in the recent period, had any impact on the pricing dynamics in the market. To this end, the analysis: (i) applies the TAR-ECM threshold cointegration technique, which assumes asymmetric adjustment towards the long-run equilibrium; (ii) makes use of observations at the highest frequency available; and (iii) uses the most recent data. The results provide evidence in favour of symmetric behaviour just for the crisis period. This may reflect competitive behaviour by suppliers who had to interact in a low demand environment and under a new institutional framework following the reforms, along with a change in consumers’ search behaviour who had to deal with a severe fall in their income." @default.
- W3000281566 created "2020-01-23" @default.
- W3000281566 creator A5010107175 @default.
- W3000281566 creator A5057854728 @default.
- W3000281566 date "2019-01-01" @default.
- W3000281566 modified "2023-09-26" @default.
- W3000281566 title "Asymmetric Price Adjustment and the Effects of Structural Reforms in a Low Income Environment: The Case of the Gasoline Market in Greece" @default.
- W3000281566 cites W1993278361 @default.
- W3000281566 cites W1993914859 @default.
- W3000281566 cites W2000725910 @default.
- W3000281566 cites W2001611545 @default.
- W3000281566 cites W2018128008 @default.
- W3000281566 cites W2024783347 @default.
- W3000281566 cites W2057278470 @default.
- W3000281566 cites W2064638174 @default.
- W3000281566 cites W2073390463 @default.
- W3000281566 cites W2093693772 @default.
- W3000281566 cites W2110603299 @default.
- W3000281566 cites W2148583728 @default.
- W3000281566 cites W2149292156 @default.
- W3000281566 cites W2152924545 @default.
- W3000281566 cites W2161409011 @default.
- W3000281566 cites W2555006982 @default.
- W3000281566 cites W2783868651 @default.
- W3000281566 cites W2808645793 @default.
- W3000281566 cites W3022119742 @default.
- W3000281566 cites W3121199868 @default.
- W3000281566 cites W4235716349 @default.
- W3000281566 doi "https://doi.org/10.2139/ssrn.4197888" @default.
- W3000281566 hasPublicationYear "2019" @default.
- W3000281566 type Work @default.
- W3000281566 sameAs 3000281566 @default.
- W3000281566 citedByCount "0" @default.
- W3000281566 crossrefType "journal-article" @default.
- W3000281566 hasAuthorship W3000281566A5010107175 @default.
- W3000281566 hasAuthorship W3000281566A5057854728 @default.
- W3000281566 hasBestOaLocation W30002815662 @default.
- W3000281566 hasConcept C103697071 @default.
- W3000281566 hasConcept C144133560 @default.
- W3000281566 hasConcept C162324750 @default.
- W3000281566 hasConcept C178790620 @default.
- W3000281566 hasConcept C185592680 @default.
- W3000281566 hasConcept C556758197 @default.
- W3000281566 hasConceptScore W3000281566C103697071 @default.
- W3000281566 hasConceptScore W3000281566C144133560 @default.
- W3000281566 hasConceptScore W3000281566C162324750 @default.
- W3000281566 hasConceptScore W3000281566C178790620 @default.
- W3000281566 hasConceptScore W3000281566C185592680 @default.
- W3000281566 hasConceptScore W3000281566C556758197 @default.
- W3000281566 hasLocation W30002815661 @default.
- W3000281566 hasLocation W30002815662 @default.
- W3000281566 hasOpenAccess W3000281566 @default.
- W3000281566 hasPrimaryLocation W30002815661 @default.
- W3000281566 hasRelatedWork W1541807514 @default.
- W3000281566 hasRelatedWork W2009849666 @default.
- W3000281566 hasRelatedWork W2108954098 @default.
- W3000281566 hasRelatedWork W2111348078 @default.
- W3000281566 hasRelatedWork W2282046754 @default.
- W3000281566 hasRelatedWork W2767853895 @default.
- W3000281566 hasRelatedWork W2778542558 @default.
- W3000281566 hasRelatedWork W3122031578 @default.
- W3000281566 hasRelatedWork W4255972572 @default.
- W3000281566 hasRelatedWork W4280585888 @default.
- W3000281566 isParatext "false" @default.
- W3000281566 isRetracted "false" @default.
- W3000281566 magId "3000281566" @default.
- W3000281566 workType "article" @default.