This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

American Economic Review: Vol. 102 No. 5 (August 2012)

Expand

Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter

Explore:

AER - All Issues

AER Forthcoming Articles

Spatial Differentiation and Vertical Mergers in Retail Markets for Gasoline

Article Citation

Houde, Jean-François. 2012. "Spatial Differentiation and Vertical Mergers in Retail Markets for Gasoline." American Economic Review, 102(5): 2147-82.

DOI: 10.1257/aer.102.5.2147

Abstract

This paper studies an empirical model of spatial competition applied to gasoline markets. The main feature is to specify commuting paths as the "locations" of consumers in a Hotelling-style model. As a result, spatial differentiation depends in an intuitive way on the structure of the road network and the direction of traffic flows. The model is estimated using panel data on the Quebec City gasoline market and used to evaluate the consequences of a recent vertical merger. Difference-in-difference and counterfactual simulation methods are compared, and the results, to a large extent, validate the assumptions of the demand model. (JEL G34, L13, L42, L81, Q41, R41)

Article Full-Text Access

Full-text Article

Additional Materials

Download Data Set (3.30 GB) | Online Appendix (323.55 KB)

Authors

Houde, Jean-François (U PA)

JEL Classifications

G34: Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
L13: Oligopoly and Other Imperfect Markets
L42: Vertical Restraints; Resale Price Maintenance; Quantity Discounts
L81: Retail and Wholesale Trade; e-Commerce
Q41: Energy: Demand and Supply
R41: Transportation: Demand, Supply, and Congestion; Safety and Accidents; Transportation Noise


American Economic Review


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

AER - All Issues

AER - Forthcoming Articles

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us