by For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office .
Written in English
|The Physical Object|
|Number of Pages||522|
Get this from a library! Regulatory restrictions on vertical integration and control: the competitive impact of gasoline divorcement policies. [Michael G Vita; United States. Federal Trade Commission. Bureau of . Downloadable (with restrictions)! Gasoline "divorcement" regulations restrict the integration of gasoline refiners and retailers. Theoretically, vertical integration can harm competition, making it possible that divorcement policies could increase welfare; alternatively, these policies may reduce welfare by sacrificing efficiencies. This paper attempts to differentiate between these. Gasoline “divorcement” regulations restrict the integration of gasoline refiners and retailers. Theoretically, vertical integration can harm competition, making it possible. State of competition in gasoline marketing. Book I. A study of refiner subsidization. Book II. An analysis of the subpoenaed documents (as required by Title III of the Petroleum Marketing Practices Act).
HPIn Processing: Refining "divorcement" Over the past few years, gasoline prices in California (as well as other areas of the U.S.) have experienced occasional spikes. In some areas, most notably San Diego and San Francisco, these price spi. In the past decade or so, independent gasoline stations have fallen victim to changing government policy, new technology and, most recently, the state's adoption of reformulated gasoline. Roughly. is the last year where gasoline expenditures as a percentage of total disposable income decreased. In subsequent years the annual growth rates were 4, 11, 17, 7, 2, and 12 percent for ,,,,andrespectively. 4There is an extensive literature that addresses this issue. In the most recent meta-analysis, Bronsetal. Laws, Regulations and Guidelines. Oil and gas exploration is regulated under the state's oil and gas laws (Oil and Gas Act, Coal and Gas Resource Coordination Act, and Oil and Gas Conservation Law) and the environmental protection laws that include the Clean Streams Law, the Dam Safety and Encroachments Act, the Solid Waste Management Act, the Water Resources Planning Act and the Community.
Regulatory Restrictions on Vertical Integration and Control: The Competitive Impact of Gasoline Divorcement Policies Michael G. Vita Pages OriginalPaper. Downloadable (with restrictions)! Traditionally, vertical integration has concerned industrial economists only insofar as it affects market outcomes, particularly prices. This paper considers reverse causality, from prices – and more generally, from demand – to integration in a model of a dynamic oligopoly. If integration is costly but enhances productive efficiency, then a trend of rising Cited by: 1. Abstract. The difference-in-difference (DiD) is one of the most popular approaches to evaluate causal effects of programs or policies. The idea is very simple: a treatment group is affected by an external change in one period, and the main aim is to evaluate how this treated group changes after the policy, regarding a control group that is not affected. These proposals included: A. divorcement or divestiture of refiner and wholesaler operated retail outlets, B. decontrol of motor gasoline, C. functional accounting for retail marketing operations, and D. the establishment of rack pricing for all gasoline marketers.