Gasoline price cycle drivers: An Australian case study
In many retail gasoline markets, prices follow a saw-toothed cycle first posited by Edgeworth (1925) and formalised by Maskin & Tirole (1988). A growing literature explores driving factors behind such cycles, most particularly in Canada and the US. This paper explores price cycles in a retail ga...
| Main Authors: | , |
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| Format: | Working Paper |
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Centre for Research in Applied Economics, Curtin Business School
2010
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| Online Access: | http://hdl.handle.net/20.500.11937/34003 |
| _version_ | 1848754103022256128 |
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| author | Bloch, Harry Wills-Johnson, Nick |
| author_facet | Bloch, Harry Wills-Johnson, Nick |
| author_sort | Bloch, Harry |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | In many retail gasoline markets, prices follow a saw-toothed cycle first posited by Edgeworth (1925) and formalised by Maskin & Tirole (1988). A growing literature explores driving factors behind such cycles, most particularly in Canada and the US. This paper explores price cycles in a retail gasoline market in Australia with a unique regulatory environment that provides a census of data. We make use of a threshold regression model, and pay particular attention to local market effects and market structure. Both are novel in the study of retail petroleum prices. |
| first_indexed | 2025-11-14T08:35:05Z |
| format | Working Paper |
| id | curtin-20.500.11937-34003 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:35:05Z |
| publishDate | 2010 |
| publisher | Centre for Research in Applied Economics, Curtin Business School |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-340032017-01-30T13:40:37Z Gasoline price cycle drivers: An Australian case study Bloch, Harry Wills-Johnson, Nick Edgeworth Cycles retail gasoline In many retail gasoline markets, prices follow a saw-toothed cycle first posited by Edgeworth (1925) and formalised by Maskin & Tirole (1988). A growing literature explores driving factors behind such cycles, most particularly in Canada and the US. This paper explores price cycles in a retail gasoline market in Australia with a unique regulatory environment that provides a census of data. We make use of a threshold regression model, and pay particular attention to local market effects and market structure. Both are novel in the study of retail petroleum prices. 2010 Working Paper http://hdl.handle.net/20.500.11937/34003 Centre for Research in Applied Economics, Curtin Business School fulltext |
| spellingShingle | Edgeworth Cycles retail gasoline Bloch, Harry Wills-Johnson, Nick Gasoline price cycle drivers: An Australian case study |
| title | Gasoline price cycle drivers: An Australian case study |
| title_full | Gasoline price cycle drivers: An Australian case study |
| title_fullStr | Gasoline price cycle drivers: An Australian case study |
| title_full_unstemmed | Gasoline price cycle drivers: An Australian case study |
| title_short | Gasoline price cycle drivers: An Australian case study |
| title_sort | gasoline price cycle drivers: an australian case study |
| topic | Edgeworth Cycles retail gasoline |
| url | http://hdl.handle.net/20.500.11937/34003 |