德国燃油折扣对汽油价格的影响

IF 1.2 4区经济学 Q3 ECONOMICS

German Economic Review Pub Date : 2023-05-01 DOI:10.1515/ger-2022-0108

Volker Seiler, Nico Stöckmann

{"title":"德国燃油折扣对汽油价格的影响","authors":"Volker Seiler, Nico Stöckmann","doi":"10.1515/ger-2022-0108","DOIUrl":null,"url":null,"abstract":"Abstract This paper investigates the price impact of the fuel discount in Germany, which was introduced between June and August 2022 to partially compensate increased energy costs. Using the augmented synthetic control method (ASCM) to construct the counterfactual, we provide quantitative evidence to the heated debate concerning the impact of this policy tool and find the fuel discount to have decreased consumer prices of petrol (diesel) by at least 0.30 euro per litre (0.10 euro per litre) on average. The results are robust to various sensitivity checks. Thus, oil companies and petrol stations decreased prices for consumers and passed on about 85 % (65 %) of the discount in case of petrol (diesel). Moreover, we do not find signs of excessive price increases in anticipation of the fuel discount.","PeriodicalId":46476,"journal":{"name":"German Economic Review","volume":"15 1","pages":"191 - 206"},"PeriodicalIF":1.2000,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"The Impact of the German Fuel Discount on Prices at the Petrol Pump\",\"authors\":\"Volker Seiler, Nico Stöckmann\",\"doi\":\"10.1515/ger-2022-0108\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Abstract This paper investigates the price impact of the fuel discount in Germany, which was introduced between June and August 2022 to partially compensate increased energy costs. Using the augmented synthetic control method (ASCM) to construct the counterfactual, we provide quantitative evidence to the heated debate concerning the impact of this policy tool and find the fuel discount to have decreased consumer prices of petrol (diesel) by at least 0.30 euro per litre (0.10 euro per litre) on average. The results are robust to various sensitivity checks. Thus, oil companies and petrol stations decreased prices for consumers and passed on about 85 % (65 %) of the discount in case of petrol (diesel). Moreover, we do not find signs of excessive price increases in anticipation of the fuel discount.\",\"PeriodicalId\":46476,\"journal\":{\"name\":\"German Economic Review\",\"volume\":\"15 1\",\"pages\":\"191 - 206\"},\"PeriodicalIF\":1.2000,\"publicationDate\":\"2023-05-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"German Economic Review\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://doi.org/10.1515/ger-2022-0108\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"German Economic Review","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1515/ger-2022-0108","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 1

摘要

摘要本文研究了德国燃料折扣的价格影响，该折扣于2022年6月至8月推出，以部分补偿能源成本的增加。使用增强合成控制方法(ASCM)构建反事实，我们为关于这一政策工具影响的激烈辩论提供了定量证据，并发现燃料折扣使汽油(柴油)的消费者价格平均降低了至少0.30欧元/升(0.10欧元/升)。结果对各种灵敏度检查具有鲁棒性。因此，石油公司和加油站将汽油(柴油)价格的85 %(65 %)转嫁给了消费者。此外，我们没有发现预期燃油折扣导致价格过度上涨的迹象。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

The Impact of the German Fuel Discount on Prices at the Petrol Pump

Abstract This paper investigates the price impact of the fuel discount in Germany, which was introduced between June and August 2022 to partially compensate increased energy costs. Using the augmented synthetic control method (ASCM) to construct the counterfactual, we provide quantitative evidence to the heated debate concerning the impact of this policy tool and find the fuel discount to have decreased consumer prices of petrol (diesel) by at least 0.30 euro per litre (0.10 euro per litre) on average. The results are robust to various sensitivity checks. Thus, oil companies and petrol stations decreased prices for consumers and passed on about 85 % (65 %) of the discount in case of petrol (diesel). Moreover, we do not find signs of excessive price increases in anticipation of the fuel discount.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

German Economic Review ECONOMICS-

CiteScore

2.30

自引率

9.10%

发文量

期刊介绍： German Economic Review, the official publication of the German Economic Association (Verein für Socialpolitik), is an international journal publishing original and rigorous research of general interest in a broad range of economic disciplines, including: - macro- and microeconomics - economic policy - international economics - public economics - finance - business administration The scope of research approaches includes theoretical, empirical and experimental work. Innovative and thought-provoking contributions, in particular from younger authors, are especially welcome.