Do state motor fuel sales-below-cost laws lower prices?

Mark Skidmore; James Peltier; James Alm

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Do state motor fuel sales-below-cost laws lower prices?

机译：州汽车燃油价格低于成本的法律是否会降低价格？

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In recent years a number of US states have imposed sales-below-cost (SBC) laws directed at motor fuel markets. We use panel data over the 1983-2002 period to evaluate the effects of newly imposed motor fuel SBC laws on retail and wholesale gasoline prices, their mark-up, and the structure of motor fuel markets. A unique feature of our analysis is that we utilize transitions in those states that adopted new SBC legislation to evaluate the effects of the laws. Perhaps surprisingly, we find that gasoline prices are about one cent lower five years after the law is imposed. We also find that total number of gasoline outlets is greater in the presence of the law.

机译：近年来，美国许多州都针对汽车燃料市场实施了低于成本的销售（SBC）法律。我们使用1983-2002年期间的面板数据评估新实施的汽车燃料SBC法律对零售和批发汽油价格，其加价幅度以及汽车燃料市场结构的影响。我们分析的独特之处在于，我们利用那些采用新的SBC立法的州的过渡来评估法律的效果。也许令人惊讶的是，我们发现实施法律后的五年汽油价格降低了约一美分。我们还发现，在有法律的情况下，汽油出口的总数更大。

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《Journal of Urban Economics》 |2005年第1期|p.189-211|共23页
作者
Mark Skidmore; James Peltier; James Alm;
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Department of Economics, University of Wisconsin-Whitewater, Carlson Hall, 800 W Main Street, Whitewater, WI 53190, USA;

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Do state motor fuel sales-below-cost laws lower prices?

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