Market integration in US gasoline markets

Rodney J. Paul; Dragan Miljkovic; Viju Ipe

doi:10.1080/00036840010004545

Market integration in US gasoline markets

Rodney J. Paul, Dragan Miljkovic, Viju Ipe

Research output: Contribution to journal › Article › peer-review

16 Scopus citations

Abstract

This paper analyses the degree of market integration in the retail gasoline markets in the United States after it was completely deregulated in 1981. The monthly average prices of unleaded regular gasoline, excluding taxes, from January 1983 to December of 1998 for five US Petroleum Administration Defense Districts were considered in the analysis. There is evidence of a high degree of market integration in the gasoline markets as evidenced by the Engel and Granger and Johansen cointegration tests, but perfect market integration is rejected in all but a few cases.

Original language	English (US)
Pages (from-to)	1335-1340
Number of pages	6
Journal	Applied Economics
Volume	33
Issue number	10
DOIs	https://doi.org/10.1080/00036840010004545
State	Published - 2001
Externally published	Yes

ASJC Scopus subject areas

Economics and Econometrics

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10.1080/00036840010004545

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Market integration in US gasoline markets

Abstract

ASJC Scopus subject areas

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