{"product_id":"price-cap-regulation-and-quality-von-kateryna-zyzak","title":"PRICE-CAP REGULATION AND QUALITY","description":"\u003cp\u003eIn this research we consider retail gasoline market  in Ukraine focusing our attention on the quality  efficiency performance of the industry in 2003 and  2004 periods. The following split is made due to the  price-cap regulation ¿ government regulation of the  ceiling prices on gasoline at retail ¿  that was  established with Memorandum at the beginning of  2004. Specifically, we examine the gasoline quality  change in 2004 (comparing to 2003) after price-cap  regulation applying advance efficiency  analysis  methods including non-parametric Data Envelopment  Analysis and Smooth Bootstrap. Based on data with  gasoline quality factor it was found that we can not  discard the possibility of a degradation in quality  efficiency performance of retail gasoline industry  under price-cap regulation after 2004. We also  investigate efficiencies of the sub-group 2003 and  sub-group 2004 of the period 2003-2004, and it turns  out that conclusions do not change: we detect higher  aggregate  quality efficiency for 2003 than for  2004.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838389196\"\u003e\u003ch3\u003eCASE OF UKRAINIAN GASOLINE MARKET\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838389196","offer_id":39469173243997,"sku":"9783838389196","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/27ee09e8-f02e-42a8-94fc-10ab505a84ad.jpg?v=1759038029","url":"https:\/\/shop.autorenwelt.de\/products\/price-cap-regulation-and-quality-von-kateryna-zyzak","provider":"Autorenwelt Shop","version":"1.0","type":"link"}