Market collusion and regime analysis in the US gasoline market

Tabaghdehi, Seyedeh Asieh H.

doi:10.1186/s40008-018-0106-2

Journal of Economic Structures

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 3 Dynamic disequilibrium switching

From: Market collusion and regime analysis in the US gasoline market

Variables in Eq. 7	Coefficient	t-statistics	Variables in Eq. 7	Coefficient	t-statistics	Variables in Eq. 7	Coefficient	t-statistics
DPCPI_2	− 0.668**	− 16.7	DLCOST_1	0.097**	5.46	DLRPGAS_1	0.020	6.16
DPCPI_3	− 0.425**	− 8.86	DLCOST_2	0.157**	7.20	DLRPGAS_2	0.043**	2.78
DPCPI_5	− 0.359**	− 7.79	DLCOST_3	0.241**	10.3	DLRPGAS_3	0.064**	8.55
DPCPI_6	− 0.295**	− 5.91	DLCOST_4	0.063**	3.19	DLRPGAS_6	− 0.100**	− 7.22
DPCPI_7	− 0.338**	− 6.67	DLCOST_6	0.164**	7.61	DLRPGAS_8	0.091**	6.68
DPCPI_8	0.150**	2.76	DLCOST_7	0.225**	8.94	DLRPGAS_9	− 0.070**	− 3.54
DPCPI_9	− 0.570**	− 11.0	DLCOST_8	0.135**	5.55	DLRPGAS_10	− 0.049**	2.68
DPCPI_10	0.226**	4.48	DLCOST_9	0.155**	6.60	DLRPGAS_11	− 0.072**	4.02
DPCPI_12	− 0.184**	− 4.38	DLCOST_10	0.065**	2.96	DLPDST_2	0.070*	− 5.95
DPCPI_14	0.092**	3.65	DLCOST_11	0.162**	8.54	DLPDST_4	0.240**	− 3.64
DPCPI_15	− 0.171**	− 6.64	DLPW_1	0.137**	6.16	DLPDST_5	− 0.411**	− 2.43
DPCPI_16	0.338**	14.2	DLPW_2	0.074**	2.78	DLPDST_7	− 0.188**	1.51
LPCPI_1	− 0.011**	− 2.00	DLPW_3	0.203**	8.55	DLPDST_8	− 0.421**	3.26
LCPIPPI_1	0.058**	1.95	DLPW_4	− 0.199**	− 7.22	DLPDST_9	0.198**	4.83
DCPIPPI_1	− 0.333**	− 4.82	DLPW_5	0.181**	6.68	DLPDST_11	0.086**	− 7.13
DCPIPPI_3	0.186**	2.34	DLPW_6	− 0.088**	− 3.54	DLPDST_13	− 0.050	6.37
DCPIPPI_5	− 0.869**	− 10.8	DLPW_7	0.075**	2.68	DLPRES_1	0.070**	− 4.93
DCPIPPI_6	− 0.956**	− 12.1	DLPW_8	0.105**	4.02	DLPRES_3	− 0.071**	− 3.35
DCPIPPI_7	− 0.491**	− 5.99	DLPW_11	− 0.157**	− 5.95	DLPRES_5	0.069**	− 5.50
DCPIPPI_8	0.314**	3.95	DLPW_12	− 0.080**	− 3.64	DLPRES_6	0.074**	1.80
DCPIPPI_9	− 0.228**	− 2.64	DLPW_13	− 0.060**	− 2.43	DLPRES_7	− 0.113**	6.37
DCPIPPI_10	0.520**	6.54				Constant(0)	0.417**	− 9.94
DCPIPPI_12	− 0.874**	− 12.6				Constant(1)	0.489**	− 4.78
P ₁₁			0.502
P ₂₂			0.465
Log-likelihood			502.20

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