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High diesel prices: the power of cartels or poor fiscal policy?

Author

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  • Ferdinand Dudenhöffer

Abstract

Ferdinand Dudenhöffer, CAR-Center Automotive Research at the University of Duisburg-Essen, holds the view that it is not mineral oil companies who are responsible for high diesel prices, but the arbitrary tax-breaks awarded by politicians. In other words, the high diesel price is not a result of mineral oil company cartels, but of misguided fiscal policy.

Suggested Citation

  • Ferdinand Dudenhöffer, 2011. "High diesel prices: the power of cartels or poor fiscal policy?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(24), pages 23-25, December.
    • Handle: RePEc:ces:ifosdt:v:64:y:2011:i:24:p:23-25
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    File URL: https://www.ifo.de/DocDL/ifosd_2011_24_3.pdf
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    More about this item

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

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