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Control Number310345
Date and Time of Latest Transaction20150706094355.AM
General Information150706s |||||||||b ||00|||
Cataloging SourceSTII-DOST
Local Call NumberScienceDirect
Main Entry - Personal NameMansur, Erin T.
 Villa-Boas, Sofia B.
 Hastings, Justine
 Brown, Jennifer
Title StatementReformulating competition? Gasoline content regulation and wholesale gasoline prices by Jennifer Brown and 3 others
Physical Descriptionpages 1-19 computer file; text; 669kb
Summary, Etc.The 1990 Clean Air Act Amendments stipulated gasoline content requirements for metropolitan areas with air pollution levels above predetermined federal thresholds. The legislation led to exogenous changes in the type of gasoline required for sale across US metropolitan areas. This paper uses a panel of detailed wholesale gasoline price data to estimate the effect of gasoline content regulation on wholesale prices and price volatility. We investigate the extent to which the estimated price effects are driven by changes in the number of suppliers versus geographic segmentation resulting from regulation. We find that prices in regulated metropolitan areas increase significantly, relative to a control group, by an average of 3 cents/gal. The price effect, however, varies by 8 cents/gal across regulated markets and the heterogeneity across markets is correlated with the degree of geographic isolation generated by the discontinuous regulatory requirements
Subject Added Entry - Topical TermEnvironmental content regulation
 Gasoline wholesale prices
 Environmental policy
 Environmental science
LocationDOST STII ScienceDirect NONPRINTS NP 14-15062 1 14-15062 Online/Download 2010-11-18
  
     
 
Physical Location
Department of Science and Technology
Science and Technology Information InstituteScienceDirect
  
     
 
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