TY - JOUR
T1 - Fuel tourism in border regions
T2 - The case of Switzerland
AU - Banfi, Silvia
AU - Filippini, Massimo
AU - Hunt, Lester C.
PY - 2005/9
Y1 - 2005/9
N2 - This paper explores the issue of 'fuel tourism' in Switzerland. For the period 1985-1997, a panel data model for the border regions of Switzerland, (Italy, France, and Germany) is estimated. The results show a significant impact of the gasoline price differential on demand, suggesting that a decrease of 10% in the Swiss gasoline price leads to an increase in demand in the border areas of nearly 17.5%. It is shown that fuel tourism accounted for about 9% of overall gasoline sales in the three regions during the period 1985-1997 and that the recently proposed Swiss CO2-tax might, given current conditions, eliminate net fuel tourism.
AB - This paper explores the issue of 'fuel tourism' in Switzerland. For the period 1985-1997, a panel data model for the border regions of Switzerland, (Italy, France, and Germany) is estimated. The results show a significant impact of the gasoline price differential on demand, suggesting that a decrease of 10% in the Swiss gasoline price leads to an increase in demand in the border areas of nearly 17.5%. It is shown that fuel tourism accounted for about 9% of overall gasoline sales in the three regions during the period 1985-1997 and that the recently proposed Swiss CO2-tax might, given current conditions, eliminate net fuel tourism.
KW - Fuel tourism
KW - Gasoline price differentials
KW - Panel data estimation
UR - http://www.scopus.com/inward/record.url?scp=23944445029&partnerID=8YFLogxK
U2 - 10.1016/j.eneco.2005.04.006
DO - 10.1016/j.eneco.2005.04.006
M3 - Article
AN - SCOPUS:23944445029
SN - 0140-9883
VL - 27
SP - 689
EP - 707
JO - Energy Economics
JF - Energy Economics
IS - 5
ER -