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 changes exist and, if so, what are the possible reasons that could account for it?; 3) If there is asymmetry of petroleum product price responsiveness, how large is the cost to consumers compared with symmetric...
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INFORMATION
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2010/06/01
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Document de travail (série numérotée)
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56249
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1
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1
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2010/08/20
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Disclosed
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Rockets and feathers : asymmetric petroleum product pricing in developing countries
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asymmetric pricing