Diesel price convergence and mineral oil taxation in Europe
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Date
2007
Publication Type
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.
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Publication status
published
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Book title
Journal / series
KOF Working Papers
Volume
182
Pages / Article No.
Publisher
KOF Swiss Economic Institute, ETH Zurich
Event
Edition / version
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Date collected
Date created
Subject
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
02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
Notes
Published online 2007.