The demand of premium and super refined petrol in Argentina: an analysis from the industrial organization

The work carries out an analysis of the liquid fuels market in Argentina in the period 2010-19, focusing on the demand for super and premium refined petrol. The objective is to analyze the determinants of prices and quantities by estimating equations using the cointegration methodology. On the price...

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Autor principal: Albornoz , Maximiliano
Formato: Artículo revista
Lenguaje:Español
Publicado: Facultad de Ciencias Económicas de la Universidad Nacional del Nordeste - UNNE 2023
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Acceso en línea:https://revistas.unne.edu.ar/index.php/rfce/article/view/7144
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Sumario:The work carries out an analysis of the liquid fuels market in Argentina in the period 2010-19, focusing on the demand for super and premium refined petrol. The objective is to analyze the determinants of prices and quantities by estimating equations using the cointegration methodology. On the price side, it was found that the main variable that affects gasoline prices is local inflation followed by the degree of market concentration. Regarding the quantities, the most important determinant is the vehicle fleet, which has grown strongly in two decades, going from 6.95 to 14.03 million units.