Alistair Davey - Academia.edu (original) (raw)

Papers by Alistair Davey

Research paper thumbnail of Deregulation of wholesale petrol prices: what happened to capital city petrol prices?

Australian Journal of Agricultural and Resource Economics, 2010

Research paper thumbnail of Business and Mergers Law in Australia: Never the Twain Shall Meet

Journal of economic and social policy, 2003

... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, ... more ... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, two members of the BCA's Regulatory Reform Task Force, CSR managing director Peter Kirby (Kirby 2001), and ASX managing director Richard Humphry (Humphry 2001), added their ...

Research paper thumbnail of Estimating The Price Impact of the Victorian Terminal Gate Pricing Scheme

Australian Economic Papers, Mar 1, 2013

The Victorian terminal gate pricing scheme commenced in August 2001. This paper will quantify the... more The Victorian terminal gate pricing scheme commenced in August 2001. This paper will quantify the impact of the scheme on relative Melbourne and country Victoria retail petrol prices. This is done through autoregressive integrated moving average modelling coupled with intervention analysis using weekly price data. For Melbourne it was found the scheme was associated with an increase of around 2.2 cents per litre from late October 2001. For country Victoria it was associated with an increase of around 2.1 cents per litre from early November 2001. Claims the increase in relative Melbourne retail petrol prices was part of some wider trend across mainland capital cities was tested and found to be without empirical support. It is concluded terminal gate pricing made Melbourne and country Victoria motorists unambiguously worse off.

Research paper thumbnail of Refinery Exchange Agreements: Pro-Competitive, Anti Competitive or Benign?

Social Science Research Network, 2023

Research paper thumbnail of The Impact of Clean Fuel Specifications on Adelaide Retail Petrol Prices

Australian Economic Papers, Mar 1, 2009

Research paper thumbnail of Submission to the Productivity Commission inquiry into the National Access Regime and the Competition and Infrastructure Reform Agreement

Research paper thumbnail of Business and Mergers Law in Australia: Never the Twain Shall Meet

output of Southern Cross University authors and researchers, and to increase visibility and impac... more output of Southern Cross University authors and researchers, and to increase visibility and impact through open access to researchers around the world. For further information please contact

Research paper thumbnail of Implications of Parallel Importsof Passenger Motor Vehicles

Research paper thumbnail of Submission to the Productivity Commission inquiry into the National Access Regime and the Competition and Infrastructure Reform Agreement

Research paper thumbnail of Business and Mergers Law in Australia: Never the Twain Shall Meet

Journal of Economic and Social Policy, 2003

... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, ... more ... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, two members of the BCA's Regulatory Reform Task Force, CSR managing director Peter Kirby (Kirby 2001), and ASX managing director Richard Humphry (Humphry 2001), added their ...

Research paper thumbnail of Refinery Exchange Agreements: Pro-Competitive, Anti-Competitive or Benign?

Australian Economic Review, 2015

Research paper thumbnail of Estimating The Price Impact of the Victorian Terminal Gate Pricing Scheme

Australian Economic Papers, 2013

Research paper thumbnail of Refinery Exchange Agreements: Pro‐Competitive, Anti‐Competitive or Benign?

Australian Economic Review, Jun 1, 2015

Research paper thumbnail of Deregulation of wholesale petrol prices: what happened to capital city petrol prices

Australian Journal of Agricultural and Resource Economics, 2010

Wholesale petrol prices were deregulated in August 1998. This paper will quantify the effect asso... more Wholesale petrol prices were deregulated in August 1998. This paper will quantify the effect associated with the deregulation of wholesale petrol prices on relative retail prices for unleaded petrol in Adelaide, Melbourne and Sydney. This is done through Box–Jenkins autoregressive integrated moving average methodology coupled with Box and Tiao intervention analysis. Weekly price data will be used for Adelaide, Melbourne, and Sydney. It finds that from the beginning of 1999, deregulation coincided with relatively lower retail petrol prices for all three cities. In the absence of any other possible alternative explanation for the simultaneous fall in relative retail petrol prices across all three cities, it is concluded that this change was most likely associated with deregulation. These results suggest that regulation of wholesale petrol prices were ineffectual in terms of constraining capital city retail petrol prices at the very least and may have actually contributed towards relatively higher retail petrol prices. This also suggests that future policy interventions designed to constrain prices in the downstream petroleum industry should be very carefully considered.

Research paper thumbnail of THE IMPACT OF CLEAN FUEL SPECIFICATIONS ON ADELAIDE RETAIL PETROL PRICES

Australian Economic Papers, 2009

In March 2001, the South Australian Government introduced a clean fuel policy which it claimed wa... more In March 2001, the South Australian Government introduced a clean fuel policy which it claimed was designed to protect air quality. This paper quantifies the policy's impact on relative Adelaide retail prices for unleaded petrol through Box-Jenkins autoregressive integrated moving average methodology coupled with Box and Tiao intervention analysis. The analysis uses weekly price data spanning from January 2000 until the beginning of June 2002. It finds the clean fuel policy had a statistically significant impact on relative retail petrol prices, resulting in an increase of almost 1.9 cents per litre and, therefore, costing Adelaide motorists around an extra $15.8 million per annum. Based on claims that the quality of fuel produced by the local Adelaide refiner did not change in response to the implementation of the clean fuel policy, the paper concludes that the increase in relative retail petrol prices was most likely associated with the exercise of market power rather than an increase in refinery production costs.

Research paper thumbnail of Business and Mergers Law in Australia: Never the Twain Shall Meet

... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, ... more ... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, two members of the BCA's Regulatory Reform Task Force, CSR managing director Peter Kirby (Kirby 2001), and ASX managing director Richard Humphry (Humphry 2001), added their ...

Research paper thumbnail of Deregulation of wholesale petrol prices: what happened to capital city petrol prices?

Australian Journal of Agricultural and Resource Economics, 2010

Research paper thumbnail of Business and Mergers Law in Australia: Never the Twain Shall Meet

Journal of economic and social policy, 2003

... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, ... more ... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, two members of the BCA's Regulatory Reform Task Force, CSR managing director Peter Kirby (Kirby 2001), and ASX managing director Richard Humphry (Humphry 2001), added their ...

Research paper thumbnail of Estimating The Price Impact of the Victorian Terminal Gate Pricing Scheme

Australian Economic Papers, Mar 1, 2013

The Victorian terminal gate pricing scheme commenced in August 2001. This paper will quantify the... more The Victorian terminal gate pricing scheme commenced in August 2001. This paper will quantify the impact of the scheme on relative Melbourne and country Victoria retail petrol prices. This is done through autoregressive integrated moving average modelling coupled with intervention analysis using weekly price data. For Melbourne it was found the scheme was associated with an increase of around 2.2 cents per litre from late October 2001. For country Victoria it was associated with an increase of around 2.1 cents per litre from early November 2001. Claims the increase in relative Melbourne retail petrol prices was part of some wider trend across mainland capital cities was tested and found to be without empirical support. It is concluded terminal gate pricing made Melbourne and country Victoria motorists unambiguously worse off.

Research paper thumbnail of Refinery Exchange Agreements: Pro-Competitive, Anti Competitive or Benign?

Social Science Research Network, 2023

Research paper thumbnail of The Impact of Clean Fuel Specifications on Adelaide Retail Petrol Prices

Australian Economic Papers, Mar 1, 2009

Research paper thumbnail of Submission to the Productivity Commission inquiry into the National Access Regime and the Competition and Infrastructure Reform Agreement

Research paper thumbnail of Business and Mergers Law in Australia: Never the Twain Shall Meet

output of Southern Cross University authors and researchers, and to increase visibility and impac... more output of Southern Cross University authors and researchers, and to increase visibility and impact through open access to researchers around the world. For further information please contact

Research paper thumbnail of Implications of Parallel Importsof Passenger Motor Vehicles

Research paper thumbnail of Submission to the Productivity Commission inquiry into the National Access Regime and the Competition and Infrastructure Reform Agreement

Research paper thumbnail of Business and Mergers Law in Australia: Never the Twain Shall Meet

Journal of Economic and Social Policy, 2003

... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, ... more ... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, two members of the BCA's Regulatory Reform Task Force, CSR managing director Peter Kirby (Kirby 2001), and ASX managing director Richard Humphry (Humphry 2001), added their ...

Research paper thumbnail of Refinery Exchange Agreements: Pro-Competitive, Anti-Competitive or Benign?

Australian Economic Review, 2015

Research paper thumbnail of Estimating The Price Impact of the Victorian Terminal Gate Pricing Scheme

Australian Economic Papers, 2013

Research paper thumbnail of Refinery Exchange Agreements: Pro‐Competitive, Anti‐Competitive or Benign?

Australian Economic Review, Jun 1, 2015

Research paper thumbnail of Deregulation of wholesale petrol prices: what happened to capital city petrol prices

Australian Journal of Agricultural and Resource Economics, 2010

Wholesale petrol prices were deregulated in August 1998. This paper will quantify the effect asso... more Wholesale petrol prices were deregulated in August 1998. This paper will quantify the effect associated with the deregulation of wholesale petrol prices on relative retail prices for unleaded petrol in Adelaide, Melbourne and Sydney. This is done through Box–Jenkins autoregressive integrated moving average methodology coupled with Box and Tiao intervention analysis. Weekly price data will be used for Adelaide, Melbourne, and Sydney. It finds that from the beginning of 1999, deregulation coincided with relatively lower retail petrol prices for all three cities. In the absence of any other possible alternative explanation for the simultaneous fall in relative retail petrol prices across all three cities, it is concluded that this change was most likely associated with deregulation. These results suggest that regulation of wholesale petrol prices were ineffectual in terms of constraining capital city retail petrol prices at the very least and may have actually contributed towards relatively higher retail petrol prices. This also suggests that future policy interventions designed to constrain prices in the downstream petroleum industry should be very carefully considered.

Research paper thumbnail of THE IMPACT OF CLEAN FUEL SPECIFICATIONS ON ADELAIDE RETAIL PETROL PRICES

Australian Economic Papers, 2009

In March 2001, the South Australian Government introduced a clean fuel policy which it claimed wa... more In March 2001, the South Australian Government introduced a clean fuel policy which it claimed was designed to protect air quality. This paper quantifies the policy's impact on relative Adelaide retail prices for unleaded petrol through Box-Jenkins autoregressive integrated moving average methodology coupled with Box and Tiao intervention analysis. The analysis uses weekly price data spanning from January 2000 until the beginning of June 2002. It finds the clean fuel policy had a statistically significant impact on relative retail petrol prices, resulting in an increase of almost 1.9 cents per litre and, therefore, costing Adelaide motorists around an extra $15.8 million per annum. Based on claims that the quality of fuel produced by the local Adelaide refiner did not change in response to the implementation of the clean fuel policy, the paper concludes that the increase in relative retail petrol prices was most likely associated with the exercise of market power rather than an increase in refinery production costs.

Research paper thumbnail of Business and Mergers Law in Australia: Never the Twain Shall Meet

... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, ... more ... 5 Davey: Business and Mergers Law in Australia: Never the Twain Shall Meet ... In June 2001, two members of the BCA's Regulatory Reform Task Force, CSR managing director Peter Kirby (Kirby 2001), and ASX managing director Richard Humphry (Humphry 2001), added their ...