Vertical Relationships and Competition in Retail Gasoline Markets: An Empirical Evidence from Contract Changes in Southern California

By Justine S. Hastings. 2010

380 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/44ec2b5cba31b9f9302d324bb9f777ed24c30ec4

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Citations in the corpus

Do Prices Determine Vertical Integration (2016, neutral): “Similarly, Hastings (2004) noted that increases in gasoline prices in California in the 1990’s were associated with increases in the number of vertically integrated gasoline stations.”
Algorithmic Pricing and Competition: Empirical Evidence from the German Retail Gasoline Market (2023, background): “Approximately 50% of these average break dates occur in the spring or summer of 2017.(40) This is consistent with the increased availability of algorithmic pricing software in the summer of 2017 in Germany (see Section 3.”
Asymmetric Price Adjustment and Consumer Search: An Examination of the Retail Gasoline Market (2011, background): “Periods in which pt−1 is above its long run equilibrium level given ct−1 are designated as high margin periods.(13) The error correction term of the model in Equation 4 contains levels of pt−1 and ct−1 which are non-stationary and cointegrated.”
Retail Gasoline Pricing: What Do We Know? (2008, background): “Hastings (2004), for example, finds that a given gas station charges lower prices when facing an unbranded competitor, and higher prices when facing only branded competitors.”
Retail Gasoline Price Dynamics and Local Market Power (2008, neutral): “Though this paper does not provide evidence for market power at the gas station level but rather infers it from variation in the price-cost margin, direct evidence to this effect is provided by (among others) Hastings [2004], Barron, Taylor and Umbeck [2004, and Barron, Umbeck and Weddell [2007].”
Price Dispersion and Competition with Differentiated Sellers (2008, positive): “I take an approach similar to that of Hastings [2004] and split stations up into high-brand and low-brand categories.”
Does Merger Simulation Work? Evidence from the Swedish Analgesics Market (2016, background): “Early work focused on mergers in major industries, such as airline markets (Borenstein, 1990; Kim and Singal, 1993), banking (Facacelli and Panetta, 2003), petroleum (Hastings, 2004; Gilbert and Hastings, 2005; Hosken, Silvia and Taylor, 2011) and appliances (Ashenfelter, Hosken and Weinberg, 2013).”