Price Responses to Seasonal Demand Changes in the Swedish Gasoline Market
AbstractThe demand for gasoline in Sweden follows a seasonal cycle. 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, we find no support for seasonal price changes compatible with the theories for cyclical variations of intensity of competition. We also investigate whether the effects on margins of the demand fluctuations induced by tax increases are compatible with these theories and find this not to be the case. Some possible explanations for this difference between Sweden and the United States are discussed.
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Bibliographic InfoPaper provided by Stockholm School of Economics in its series Working Paper Series in Economics and Finance with number 473.
Length: 19 pages
Date of creation: 09 Nov 2001
Date of revision: 20 Dec 2001
Contact details of provider:
Postal: The Economic Research Institute, Stockholm School of Economics, P.O. Box 6501, 113 83 Stockholm, Sweden
Phone: +46-(0)8-736 90 00
Fax: +46-(0)8-31 01 57
Web page: http://www.hhs.se/
More information through EDIRC
Seasonal cycles; gasoline market;
Find related papers by JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-12-26 (All new papers)
- NEP-ENE-2001-12-26 (Energy Economics)
- NEP-MIC-2001-12-26 (Microeconomics)
- NEP-RES-2001-12-14 (Resource Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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