Rockets and Feathers : Asymmetric Petroleum Product Pricing in Developing Countries

This paper aims to provide those working in developing countries with a review of the issues that can help address the four questions: 1) are petroleum product margins excessively high at certain times?; 2) Does asymmetry of price responses to cost...

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Bibliographic Details
Main Authors:	Bacon, Robert, Kojima, Masami
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ADVERSE EFFECTS ANTITRUST LAWS APPROACH AVERAGE COSTS AVERAGE PRICE AVERAGE PRICES BARRIERS TO ENTRY BENCHMARK BRAND BRAND LOYALTY COMPETITIVE FRINGE CONSTANT RETURNS TO SCALE CONSUMER PRICES CONSUMERS CONTROLLED PRICES COST INCREASE COST INCREASES CRUDE OIL DAMAGES DEMAND CURVE DEMAND DECLINES DEREGULATION DIESEL DISEQUILIBRIUM DOMESTIC REFINING DUOPOLY ECONOMETRIC MODELS ECONOMIES OF SCALE EQUILIBRIUM EQUILIBRIUM PRICES EXCESS PROFITS EXCHANGE RATES EXTERNALITIES FUEL FUEL OIL FUEL SPECIFICATIONS FUELS GAS GASOLINE MARKET GASOLINE PRICE GASOLINE PRICES GOVERNMENT REGULATIONS INPUT PRICES INTERNATIONAL MARKET INVENTORIES INVENTORY KEROSENE LAW OF SUPPLY LNG MARGINAL COST MARGINAL COSTS MARGINAL REVENUE MARKET CONCENTRATION MARKET DISRUPTION MARKET FAILURES MARKET FORCES MARKET POWER MARKET SHARE MARKET STRUCTURE MARKETING MENU COSTS MERGERS MONOPOLIES MONOPOLY MONOPOLY PRICES NORMAL PROFIT NORMAL PROFITS OIL OIL COMPANIES OIL MARKETS OIL PRICE OIL PRICES OIL SUPPLY OLIGOPOLY PERFECT COMPETITION PETROLEUM PETROLEUM EXPORTING COUNTRIES PETROLEUM GAS PETROLEUM MARKETS PETROLEUM PRODUCT SUPPLY PETROLEUM PRODUCTS PIPELINE POWER GENERATION PREDATORY PRICING PRICE ADJUSTMENTS PRICE CEILINGS PRICE CHANGE PRICE CHANGES PRICE CONTROL PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE INCREASES PRICE LEVELS PRICE LISTS PRICE OF OIL PRICE SETTING PRICE TAKERS PRICE VOLATILITY PRICE WAR PRICE WARS PRICED PRICING POLICY PRICING STRATEGIES PRICING STRATEGY PRODUCT MARKET PRODUCT MARKETS PRODUCT PRICING PROFIT MARGIN PROFIT MARGINS PROFIT MAXIMIZATION PURCHASING REFINED PRODUCTS REGULAR GASOLINE RETAIL RETAIL MARKETING RETAIL PRICE RETAIL PRICES SAFETY PROCEDURES SALE SALES SALES ARRANGEMENTS STICKY PRICES STORAGE CAPACITY SUPPLIER SUPPLIERS SUPPLY CHAIN SUPPLY CONTRACT SUPPLY ELASTICITY TACIT COLLUSION TOTAL COSTS VALUATION WHOLESALE DISTRIBUTORS WHOLESALE GASOLINE WHOLESALE PRICES WHOLESALERS
Online Access:	http://documents.worldbank.org/curated/en/2010/06/12674738/rockets-feathers-asymmetric-petroleum-product-pricing-developing-countries http://hdl.handle.net/10986/18287

Internet

http://documents.worldbank.org/curated/en/2010/06/12674738/rockets-feathers-asymmetric-petroleum-product-pricing-developing-countries
http://hdl.handle.net/10986/18287

Rockets and Feathers : Asymmetric Petroleum Product Pricing in Developing Countries

Internet

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