Wlazlowski, Szymon, Nillson, Birger, Binner, Jane, Giulietti, Monica and Joseph, Nathan (2012). New York mark-ups on petroleum products. Manchester School, 80 (2), pp. 145-171.
Abstract
In this paper we analyse rigidities in the behaviour of the mark-up on regular, midgrade and premium varieties of petrol in the New York area using a set of weekly frequency data and a methodology that analyses the pricing process using deterministic and stochastic techniques. The results are consistent across methodologies and indicate that the speeds of adjustment to the long-run equilibrium mark-up differ across varieties of petrol with margins of the premium variety falling faster than they rise, contrary to the popular claim of welfare-decreasing asymmetries in price transmission. © 2012 The Authors. The Manchester School © 2012 Blackwell Publishing Ltd and The University of Manchester.
| Publication DOI: | https://doi.org/10.1111/j.1467-9957.2010.02192.x |
|---|---|
| Divisions: | College of Business and Social Sciences > Aston Business School College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship College of Business and Social Sciences > Aston Business School > Accounting |
| Additional Information: | This is the peer reviewed version of the following article: WLAZLOWSKI, S. , NILSSON, B. , BINNER, J. , GIULIETTI, M. and JOSEPH, N. (2012), NEW YORK MARK‐UPS ON PETROLEUM PRODUCTS. The Manchester School, 80: 145-171, which has been published in final form at https://doi.org/10.1111/j.1467-9957.2010.02192.x. This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving. |
| Uncontrolled Keywords: | Economics and Econometrics |
| Publication ISSN: | 1467-9957 |
| Last Modified: | 04 Jan 2024 08:05 |
| Date Deposited: | 13 Oct 2014 11:15 |
| Full Text Link: | |
| Related URLs: |
http://www.scop ... tnerID=8YFLogxK
(Scopus URL) http://onlineli ... 2192.x/abstract (Publisher URL) |
PURE Output Type: | Article |
| Published Date: | 2012-03 |
| Published Online Date: | 2012-02-21 |
| Authors: |
Wlazlowski, Szymon
Nillson, Birger Binner, Jane Giulietti, Monica Joseph, Nathan ( 
0000-0002-2182-0847)
|
CORE (COnnecting REpositories)
CORE (COnnecting REpositories)