Is the German Retail Gasoline Market Competitive? A Spatial-Temporal Analysis Using Quantile Regression
通过分析原油价格对零售汽油价格的影响如何随品牌和周边竞争程度变化，发现除成本外，附近缺少竞争对手和区域市场集中度等因素也显著影响价格传导，表明加油站具有一定的定价权。
We explore whether noncompetitive pricing prevails in Germany’s retail gasoline market by examining the influence of the crude oil price on the retail gasoline price, focusing specifically on how this influence varies according to the brand and to the degree of competition in the vicinity of the station. Our analysis identifies several factors other than cost—including the absence of nearby competitors and regional market concentration—that play a statistically significant role in mediating the influence of the oil price on the retail gas price, suggesting moderate price-setting power among stations. <i></i>