PRICES AND CONCENTRATION ON THE HUNGARIAN RETAIL MARKET FOR MOTOR FUELS (Arak es koncentracio a magyar kiskereskedelmi uzemanyagpiacon)

• Authors: Farkas David , Csorba Gergely , Koltay Karoly
• Languages of publication: HU

Abstracts

EN

In examining the relations of prices and concentration on the Hungarian retail market for motor fuels, the study shows how local differences in concentration levels explain only a small proportion of the sizeable contemporaneous price differences between different localities. For these price differences can be explained well as retail price reactions to wholesale price changes. There is a significant negative relation between retail price (or price margin) and the concentration on local markets (measured in competing filling stations), but in practical sense a loos relation can be shown. Nor does the symmetric price transmission at local level show deviations, and its degree is not influenced by the local concentration.

Keywords

EN

ANTITRUST ISSUES AND POLICIES; OLIGOPOLY AND OTHER MARKET IMPERFECTIONS

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Journal: Kozgazdasagi Szemle (Economic Review)
• Year: 2009
• Volume: 56
• Issue: 12
• Pages: 1088-1109
• Document type: ARTICLE

Contributors

author

Farkas David

author

Csorba Gergely

author

Koltay Karoly

• David Farkas, no address given, contact the journal editor

Identifiers

CEJSH db identifier

10HUAAAA078831