
Open access
Date
2007Type
- Working Paper
ETH Bibliography
yes
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Abstract
We empirically analyze convergence of European producer and consumer prices for diesel fuel and investigate the role of excise taxation. By comparing the speed of convergence of prices and taxes we find a surprisingly fast speed of convergence for consumer prices. While this can in part be explained by fuel tourism, the main driving force is producer price dynamics. Tax convergence contributes weakly to price convergence, but the overall effect is to slow down consumer relative to producer price convergence. Show more
Permanent link
https://doi.org/10.3929/ethz-a-005502892Publication status
publishedJournal / series
KOF Working PapersVolume
Publisher
KOF Swiss Economic Institute, ETH ZurichSubject
MINERALÖLPRODUKTE (ERDÖLTECHNOLOGIE); EUROPA; MINERAL OIL PRODUCTS (PETROLEUM TECHNOLOGY); Price convergence; STEUERN (ÖFFENTLICHE FINANZEN); European integration; Diesel; TAXES (PUBLIC FINANCE); International taxation; Panel unit roots; GAS OILS + DIESEL FUELS + FUEL OILS (PETROLEUM CHEMISTRY); EUROPE; GASÖLE + DIESELKRAFTSTOFFE + BRENNÖLE (PETROCHEMIE)Organisational unit
03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
Notes
Published online 2007.More
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ETH Bibliography
yes
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