000161997 001__ 161997
000161997 005__ 20181128180205.0
000161997 037__ $$a428-2016-27893
000161997 037__ $$a428-2016-28704
000161997 041__ $$aen_US
000161997 245__ $$aDeregulation of wholesale petrol prices: what happened to capital city petrol prices?
000161997 260__ $$c2010
000161997 269__ $$a2010
000161997 270__ $$ma.davey@aciltasman.com.au$$pDavey,   Alistair
000161997 300__ $$a18
000161997 336__ $$aJournal Article
000161997 520__ $$aWholesale petrol prices were deregulated in August 1998. This paper will quantify the
effect associated with the deregulation of wholesale petrol prices on relative retail
prices for unleaded petrol in Adelaide, Melbourne and Sydney. This is done through
Box–Jenkins autoregressive integrated moving average methodology coupled with
Box and Tiao intervention analysis. Weekly price data will be used for Adelaide,
Melbourne, and Sydney. It finds that from the beginning of 1999, deregulation
coincided with relatively lower retail petrol prices for all three cities. In the absence of
any other possible alternative explanation for the simultaneous fall in relative retail
petrol prices across all three cities, it is concluded that this change was most likely
associated with deregulation. These results suggest that regulation of wholesale petrol
prices were ineffectual in terms of constraining capital city retail petrol prices at the
very least and may have actually contributed towards relatively higher retail petrol
prices. This also suggests that future policy interventions designed to constrain prices
in the downstream petroleum industry should be very carefully considered.
000161997 542__ $$fLicense granted by Adrienne Keiser (keise023@umn.edu) on 2013-12-26T19:56:29Z (GMT):

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000161997 650__ $$aDemand and Price Analysis
000161997 650__ $$aResource /Energy Economics and Policy
000161997 6531_ $$acompetition
000161997 6531_ $$aderegulation
000161997 6531_ $$apetrol prices
000161997 700__ $$aDavey, Alistair
000161997 773__ $$dMarch 2010$$j 54$$k 1$$o98$$q81$$tAustralian Journal of Agricultural and Resource Economics
000161997 8564_ $$s328236$$uhttps://ageconsearch.umn.edu/record/161997/files/j.1467-8489.2009.00480.x.pdf
000161997 887__ $$ahttp://purl.umn.edu/161997
000161997 909CO $$ooai:ageconsearch.umn.edu:161997$$pGLOBAL_SET
000161997 912__ $$nSubmitted by Adrienne Keiser (keise023@umn.edu) on 2013-12-26T19:58:35Z
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  Previous issue date: 2010
000161997 982__ $$gAustralian Journal of Agricultural and Resource Economics>Volume 54, Issue 1, March 2010
000161997 980__ $$a428