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Market Structure and Price Responses to Seasonal Demand Changes

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  • Rickard Eriksson

    (Stockholm School of Economics)

Abstract

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.

Suggested Citation

  • Rickard Eriksson, 2000. "Market Structure and Price Responses to Seasonal Demand Changes," Econometric Society World Congress 2000 Contributed Papers 1864, Econometric Society.
  • Handle: RePEc:ecm:wc2000:1864
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    References listed on IDEAS

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    1. Severin Boreinstein & Andrea Shepard, 1996. "Dynamic Pricing in Retail Gasoline Markets," RAND Journal of Economics, The RAND Corporation, vol. 27(3), pages 429-451, Autumn.
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    6. Marcus Asplund & Rickard Eriksson & Richard Friberg, 2000. "Price Adjustments by a Gasoline Retail Chain," Scandinavian Journal of Economics, Wiley Blackwell, vol. 102(1), pages 101-121, March.
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