Testing for asymmetric pricing in the Canadian retail gasoline market

被引：122

作者：

Godby, R

Lintner, AM ^{[1
]}

Stengos, T

Wandschneider, B

机构：

[1] Mem Univ Newfoundland, Dept Econ, St Johns, NF A1C 5S7, Canada

[2] Univ Wyoming, Dept Econ, Laramie, WY 82071 USA

[3] Univ Guelph, Dept Econ, Guelph, ON N1G 2W1, Canada

[4] Univ Guelph, Data Resource Ctr, Guelph, ON N1G 2W1, Canada

来源：

ENERGY ECONOMICS | 2000年 / 22卷 / 03期

关键词：

threshold autoregressive model; asymmetric pricing; price competition; gasoline;

D O I：

10.1016/S0140-9883(99)00030-4

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper applies a Threshold Regression model to test for asymmetric pricing in the retail gasoline market in Canada, using weekly data for the period January 1990 to December 1996. We present results for 13 Canadian cities for both premium and regular gasoline. Within the context of an error correction model we test for the presence of asymmetric price behaviour using average changes in crude prices as well as various lags for the change in crude as possible thresholds. We are unable to find any evidence to support this view. (C) 2000 Elsevier Science B.V. All rights reserved. JEL classifications: C52; D4; Q40.

引用

页码：349 / 368

页数：20

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