Testing for asymmetric pricing in the Canadian retail gasoline market

By R. Godby, A. Lintner, Thanasis Stengos, Bo Wandschneider. 2000

205 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/a3c5d7aefc3a003ded62a9c8d40719738567dbf0

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Marketing

Citations in the corpus

Asymmetric Error Correction Models for the Oil-Gasoline Price Relationship (2005, unknown): “For example, Godby et al. (2000) study the Canadian market for both premium and regular gasoline.”
Why Are Prices Sticky? The Dynamics of Wholesale Gasoline Prices (2004, background): “Direct surveys suggest that managers do not take these costs into account in pricing decisions (Blinder, et. al., 1998, and Hall, Walsh, and Yates, 2000).”
Econometric models of asymmetric price transmission (2007, unknown): “A different specification is provided by Godby et al. (2000), who use a deterministic error correction regime switching model to investigate the existence of REA between crude and retail gasoline prices in thirteen major cities across Canada: ∆rtt = φ0 + ∑s i=0 αi∆crt−i + λECTt−1 + ut if f(∆crt) ≤…”
Price asymmetry in the Dutch retail gasoline market (2003, methodology): “Godby et al. (2000) apply a threshold error correction model to test for asymmetric pricing in the Canadian gasoline market, using weekly data on retail prices and crude oil prices from January 1990 to December 1996.”
Retail Gasoline Price Cycles across Spatially Dispersed Gasoline Stations* (2004, background): “211 (1991); Rob Godby et al., Testing for Asymmetric Pricing in the Canadian Retail Gasoline Market, 22 Energy Econ. 349 (2000); Kenneth Hendricks, Analysis and Opinion on Retail Gas Inquiry (1996). 9 Retail price cycles in the United States and government responses are described in Fred C. Allvine ”
Edgeworth Price Cycles, Cost-Based Pricing, and Sticky Pricing in Retail Gasoline Markets (2005, unknown): “E(spell duration) = z + z zR ∗ λ + zU ∗ λ (12)”
Oil price volatility and the asymmetric response of gasoline prices to oil price increases and decreases (2005, unknown): “Godby et al. (2000) are skeptical of this view.”
Retail Price Cycles and Response Asymmetry (2002, unknown): “This assumption has been tested in different studies with mixed results; see, for example, Borenstein, Cameron, and Gilbert (1997) and Godby et al. (2000). For the present case, test results are mixed.”