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Rockets and feathers : asymmetric petroleum product pricing in developing countries (English)

This paper aims to provide those working in developing countries with a review of the issues that can help address the four questions: 1) are petroleum product margins excessively high at certain times?; 2) Does asymmetry of price responses to cost changes exist and, if so, what are the possible reasons that could account for it?; 3) If there is asymmetry of petroleum product price responsiveness, how large is the cost to consumers compared with symmetric...
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Bacon,Robert W.; Kojima,Masami.

Rockets and feathers : asymmetric petroleum product pricing in developing countries (English). Extractive industries for development series; no. 18 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/503711468330335850

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