2000-03-01, English, Article, Journal or magazine article edition: Price Adjustments by a Gasoline Retail Chain. Asplund, Marcus; Eriksson, Rickard; Friberg, Richard

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Physical Description
  • Magazine/​Journal article
Published
  • Blackwell Publishers Ltd., 2000 March
Language
  • English

Edition details

Title
  • Price Adjustments by a Gasoline Retail Chain.
Appears In
  • Scandinavian Journal of Economics, v.102, no.1, 2000 March, p.101(20) (ISSN: 0347-0520)
Author
  • Asplund, Marcus
  • Eriksson, Rickard
  • Friberg, Richard
Published
  • Blackwell Publishers Ltd., 2000 March
Physical Description
  • Magazine/​Journal article
Subjects
Target Audience
  • Trade
Summary
  • We use daily data to examine price responses in the Swedish gasoline market to changes in the Rotterdam spot price, exchange rates and taxes. The distribution of price adjustments by a leading retail chain, for the period January 1980 to December 1996, is symmetric with no small adjustments. An error correction model shows that, in the short ran, prices gradually move towards the long-run equilibrium in response to cost shocks. There is some evidence that, also in the short run, prices are stickier downwards than upwards. Prices respond more rapidly to exchange rate movements than to the spot market price. Our analysis emphasizes that to fully understand price adjustments it is necessary to examine data sets where the sample frequency at least matches that of price adjustments. Keywords: Price adjustment; sticky prices; pass-through of costs; gasoline market
Terms of Use
  • COPYRIGHT 2000 Blackwell Publishers Ltd.
Language
  • English
Database
  • Gale Academic OneFile
  • Gale General OneFile
  • Gale Expanded Academic
Identifier
  • 66386460

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National Library of Australia. Open to the public 808096; S 330.5 EKO; Vol. 78, no. 1- (1976)- Periodical; Journal, magazine, other English
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RMIT University. RMIT University Library. Open to the public 9912899270001341; PER 330 S974; Held in Storage. Request from <a href=http://www.rmit.edu.au/library/dds target=_blank>Document Delivery</a>; v. 78, no. 1 (1976)-v. 89, no. 4 (1987) Periodical; Journal, magazine, other English
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State Library of NSW. Open to the public Held; Vol.78, no.1 (1976)-v. 111, no. 4 (2009) Periodical; Journal, magazine, other English
The University of Melbourne. The University of Melbourne Library. Open to the public ECO P 330.5 SJE; v.78-v.107; 1976-2005 Periodical; Journal, magazine, other English
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Ascham School: Margaret Bailey Library. Not open to the public Held. Not for ILL. Periodical; Journal, magazine, other English
Macquarie University. Macquarie University Library. Open to the public 999659910802171; HB9 .S9; Vol. 78 (1976)-103 (2001) Periodical; Journal, magazine, other English
NSW Department of Industry. DTIRIS: Electronic Resources Library. Not open to the public V 99 1997 - Periodical; Journal, magazine, other English
Saint Ignatius' College, Riverview. Christopher Brennan Library. Not open to the public Periodical; Journal, magazine, other English
Shore School. Boer War Contingent Memorial Library. Not open to the public Held. Not for ILL. Periodical; Journal, magazine, other English
State Library of NSW. Open to the public Held; Vol.78, no.1 (1976)-v. 111, no. 4 (2009) Periodical; Journal, magazine, other English
The University of Sydney. University of Sydney Library. Open to the public S04111; held; Vol.78, no.1-v.88, no.4; 1976-1986; Missing: Vol.86 (1984) Periodical; Journal, magazine, other English
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Monash University. Monash University Library. Open to the public 99851601751; 330.5 S974; v. 77, no. 1 (1975) to v. 100 no. 4 (1998) ; Lacks: v. 98 no. 1; OS; YOS-SER Periodical; Journal, magazine, other English
National Gallery of Victoria. The Shaw Research Library. May not be open to the public Held. Not for ILL. Periodical; Journal, magazine, other English
RMIT University. RMIT University Library. Open to the public 9912899270001341; PER 330 S974; Held in Storage. Request from <a href=http://www.rmit.edu.au/library/dds target=_blank>Document Delivery</a>; v. 78, no. 1 (1976)-v. 89, no. 4 (1987) Periodical; Journal, magazine, other English
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