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Behavior of Retail Gas Prices to Changes in Crude Oil Prices: Symmetric or Asymmetric?
| Content Provider | Semantic Scholar |
|---|---|
| Author | Kim, Jaewook |
| Copyright Year | 2010 |
| Abstract | This study examines if the behavior of retail gasoline prices is indeed asymmetric or possibly symmetric in the Philippines. The researcher used data from US Energy Information Administration and One Alternative Energy Blog in Philippines for the statistics on retail gasoline prices weekly for 5 years in the period of October 2005 to September 2010 for analysis. The test results revealed that the behavior of retail gas price is not completely symmetric to changes of crude oil although there is a symmetric responsiveness of unleaded retail gas prices to changes of crude oil prices in amount. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://cba.upd.edu.ph/docs/DP/1008_kim.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |