Template-Type: ReDIF-Article 1.0 
Author-Name: Chintamani Jog
Author-Name: Travis Roach
Author-Email:  troach2@uco.edu
Author-Workplace-Name:  Economics, University of Central Oklahoma, USA
Title: How Have COVID-19 Case Rates Impacted Retail Gasoline Price Markups? Evidence From Daily Prices and Transportation Choices
Abstract:  Retail gasoline sales generally take place in an incredibly competitive environment with highly visible prices, many competitors, and homogeneous goods. Here, we show how price–cost margins have changed in an era of drastic changes to transportation choices. We find that increasing COVID-19 case rates have increased firms’ market power in the retail gasoline sector, effectively halving the station-level price elasticity of demand.
Classification-JEL:  Q41,L1,L18,D4
Keywords:  gasoline demand,state regulation,covid-19,competition
Journal:  Energy RESEARCH LETTERS
Pages: 1-5
Volume: 3
Issue: Early View
Year:  2021
DOI:  2021/11/02
File-URL:  https://erl.scholasticahq.com/api/v1/articles/28919-how-have-covid-19-case-rates-impacted-retail-gasoline-price-markups-evidence-from-daily-prices-and-transportation-choices.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnerl:52