The demand for gasoline follows a seasonal cycle in Sweden. The paper investigates the response in prices and profits over the cycle. In contrast to what has been found for the gasoline market in the United States I find no support for seasonal price changes compatible with the recently developed theories for cyclical variations of intensity of competition. Some possible explanations for this difference between Sweden and the United States are discussed.
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Kyle Bagwell & Robert W. Staiger, 1995.
"Collusion Over the Business Cycle,"
Discussion Papers
1118, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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