Article

Asymmetric pricing of diesel at its source

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Competitive diesel pricing can yield tangible benefits to truck drivers, fleet operators and farmers. The ability, and willingness, of wholesale distributors to asymmetrically pass on changes in diesel costs to consumers can adversely distort the market. Existing studies for Australia have focused on petrol (gasoil) prices, while there has been no testing for asymmetry in diesel prices.We test for rocket and feather effects in Australian wholesale diesel prices at their source. We find that in all seven seaport cities, when the price of oil goes up, diesel pricesshoot up like a rocket and when the price of oil decreases, diesel prices fall like a feather. The asymmetric
responses are more noticeable when oil prices are rising than falling. Results support the view that suppliersadopt or coordinate almost the same asymmetric pricing behaviour before distributing diesel among retailers

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Ketersediaan

Informasi Detail

Judul Seri

Energy Economics

No. Panggil

ATC PO ANI a

Penerbit

Australia : Elsevier., 2015

Deskripsi Fisik

12 p.

Bahasa

English

ISBN/ISSN

0140-9883

Klasifikasi

PO

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

-

Subjek

Australia
Diesel pricing
Wholesale
Asymmetry

Info Detail Spesifik

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Pernyataan Tanggungjawab

Abbas Valadkhani

Versi lain/terkait

Lampiran Berkas

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