Publicado en
- Revista de Economía Aplicada
Market Power in the Retail Industry of Natural Gas for Vehicles [El poder de mercado en industrias minoristas de gas natural vehicular]
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General
Resumen
- 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.
autores
fecha de publicación
- 2014
Área temática
Enfoque geográfico
- Colombia Country
- South America Continent
Información Adicional
Página inicial
- 67
Última página
- 92
Volumen
- 22
Issue
- 66