Buy Here, or Keep Driving? The Effect of Geographic Market Density on Retail Gas Prices

Daniel K.N. Johnson, Amy Schultheis, Kristina M. Lybecker, Devin Nadar

Abstract


This paper examines whether the presence of local competitors affects the retail price of gasoline in mid-sized American cities.  Spatial regression analysis permits an answer that is clear of potentially confounding statistical problems.  Results continue to show small impacts of local competition, especially compared to other factors.  


Keywords


Gas, Geography, Retail price, Spatial competition, Retail price.

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References


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DOI: http://dx.doi.org/10.18533/job.v1i2.20

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This work is licensed under a Creative Commons Attribution 4.0 International License.