Symmetric transmission of prices in the retail gasoline market in Brazil

Autor:	André Suriane da Silva, Silvinha Pinto Vasconcelos, Rogério Silva de Mattos, Claudio Roberto Fóffano Vasconcelos
Rok vydání:	2014
Předmět:	Microeconomics Economics and Econometrics General Energy Transmission (mechanics) law Econometrics Economics Gasoline Price shock law.invention
Zdroj:	Energy Economics. 43:11-21
ISSN:	0140-9883
DOI:	10.1016/j.eneco.2014.02.002
Popis:	This study aimed to analyze the existence of asymmetric transmission of prices in the Brazilian gasoline market following a regional approach, using a disaggregated data set for the period between May 2004 and February 2011. The main result finds evidence of symmetric price transmission in retail gasoline market due to price shocks arising from the distributors. It is important to highlight that the disaggregation of the data allowed the study to show that the asymmetry is not a national problem, but specific to each city and different for each of the regions in Brazil.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::ece957d42afdaf4f785e1087880467a4 https://doi.org/10.1016/j.eneco.2014.02.002 Zobrazit plný text záznamu Full Text from ScienceDirect