Some Evidence on the Asymmetry between Gasoline and Crude Oil Prices in Selected Countries

Andre Assis De SALLES

Article Details

Some Evidence on the Asymmetry between Gasoline and Crude Oil Prices in Selected Countries

Authors:

Andre Assis De SALLES

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2014 Vol.4 Issue 4, pp.670-678

Document Type:

Article

Publication Date:

11/2014

Document Language:

Turkish

Document ID (Org No.):

2000816633

Frequency:

Bimonthly

eISSN:

2146-4553

Abstract:

 

The objective of this work is to study the gasoline prices evolution and its relationship between crude oil prices in the international market through cointegration tests and across regression models of asymmetric, specifically this work uses stochastic models with heteroskedasticity and error correction mechanisms when it is mandatory. To achieve the purpose the purpose of this work, the gasoline prices were collected in Brazil, the USA and in a selected sample of six European countries namely Belgium, France, Germany, Italy, the Netherlands and the United Kingdom markets. All results are comparing among the markets selected to observe country similarities. All prices information collected were converted into U.S. dollars per liter. The data covers the period from June 2006 to April 2013.

Article Details

Some Evidence on the Asymmetry between Gasoline and Crude Oil Prices in Selected Countries

Authors: Andre Assis De SALLES

Publisher: İlhan ÖZTÜRK

Journal: International Journal of Energy Economics and Policy 2014 Vol.4 Issue 4, pp.670-678

Document Type: Article

Publication Date: 11/2014

Document Language: Turkish

Document ID (Org No.): 2000816633

Frequency: Bimonthly

eISSN: 2146-4553

Issues

Authors:

Andre Assis De SALLES

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Energy Economics and Policy 2014 Vol.4 Issue 4, pp.670-678

Document Type:

Article

Publication Date:

11/2014

Document Language:

Turkish

Document ID (Org No.):

2000816633

Frequency:

Bimonthly

eISSN:

2146-4553