Market power in the retail industry of natural gas for vehicles
| dc.citation.journalTitle | Revista De Economia Aplicada | |
| dc.contributor.author | Garcia, John J. | spa |
| dc.contributor.author | Velasquez, Hermilson | spa |
| dc.contributor.author | Mauricio Montenegro, Carlos | spa |
| dc.contributor.department | Universidad EAFIT. Departamento de Economía y Finanzas | spa |
| dc.contributor.researchgroup | Research in Spatial Economics (RISE) | eng |
| dc.date.accessioned | 2021-04-12T14:26:14Z | |
| dc.date.available | 2021-04-12T14:26:14Z | |
| dc.date.issued | 2014-01-01 | |
| dc.description.abstract | The gas distribution system for natural gas vehicles (NGV) in Colombia is highly concentrated, which gives the retail distributors market power. The pricing mechanism appears to approximate a Bertrand type of oligopolistic model, with a dominant firm setting the prices. An analysis using a Lerner index indicates that the market structure provides markup benefits of about 40[%]. An econometric analysis of the determinants of prices using panel data indicates that variables other than costs affect the retail price of natural gas provided to NGV. © 2014, Universidad de Zaragoza. All rights reserved. | eng |
| dc.identifier | https://eafit.fundanetsuite.com/Publicaciones/ProdCientif/PublicacionFrw.aspx?id=1244 | |
| dc.identifier.doi | 10.1016/j.apgeog.2014.08.016 | |
| dc.identifier.issn | 1133455X | |
| dc.identifier.other | WOS;000346891500006 | |
| dc.identifier.other | SCOPUS;2-s2.0-84907743864 | |
| dc.identifier.uri | http://hdl.handle.net/10784/28021 | |
| dc.language.iso | eng | eng |
| dc.publisher | UNIV ZARAGOZA | |
| dc.relation.uri | https://www.scopus.com/inward/record.uri?eid=2-s2.0-84919675390&partnerID=40&md5=2b2166c992ac3c7bd7203c13b401a3df | |
| dc.rights | UNIV ZARAGOZA | |
| dc.source | Revista De Economia Aplicada | |
| dc.subject.keyword | Natural Gas Vehicle | eng |
| dc.subject.keyword | mark-up of benefits | eng |
| dc.subject.keyword | market power | eng |
| dc.subject.keyword | retail market | eng |
| dc.title | Market power in the retail industry of natural gas for vehicles | eng |
| dc.type | article | eng |
| dc.type | info:eu-repo/semantics/article | eng |
| dc.type | info:eu-repo/semantics/publishedVersion | eng |
| dc.type | publishedVersion | eng |
| dc.type.local | Artículo | spa |