The shape and frequency of Edgeworth price cycles in an Australian retail gasoline market
| dc.contributor.author | Bloch, Harry | |
| dc.contributor.author | Wills-Johnson, Nick | |
| dc.date.accessioned | 2017-01-30T13:20:28Z | |
| dc.date.available | 2017-01-30T13:20:28Z | |
| dc.date.created | 2010-03-18T20:02:05Z | |
| dc.date.issued | 2010 | |
| dc.identifier.citation | Bloch, Harry and Wills-Johnson, Nick. 2010. The shape and frequency of Edgeworth price cycles in an Australian retail gasoline market, Centre for Research in Applied Economics Working Paper Series: no.201005, Curtin University of Technology, School of Economics and Finance. | |
| dc.identifier.uri | http://hdl.handle.net/20.500.11937/30596 | |
| dc.description.abstract |
Gasoline prices in many markets follow a saw-toothed pattern known as an Edgeworth Cycle. Lewis (2009) introduces a novel way of measuring the shape of the cycle, the median change in price, and regresses this against a number of explanatory variables in US markets. Here, we undertake a similar regression analysis, but using data from Perth, Australia, and with a novel measure of market structure as a regressor. We also explore a novel measure, based on spectral analysis, of the use of cycles in a mixed strategy, and the factors which drive this use. | |
| dc.publisher | Centre for Research in Applied Economics, Curtin Business School | |
| dc.subject | Edgeworth Cycles | |
| dc.subject | retail gasoline | |
| dc.title | The shape and frequency of Edgeworth price cycles in an Australian retail gasoline market | |
| dc.type | Working Paper | |
| dcterms.source.volume | 201005 | |
| dcterms.source.series | Centre for Research in Applied Economics Working Paper Series | |
| curtin.department | School of Economics and Finance | |
| curtin.accessStatus | Open access | |
| curtin.faculty | Curtin Business School | |
| curtin.faculty | The Centre of Research in Applied Economics (CRAE) |