Crude petroleum prices and retail fuel margins : an empirical examination
This study uses error-correction models to analyze the response of retail automotive fuel margins to changes in crude petroleum prices. The results show a large, negative contemporaneous response of retail automotive fuel margins to changes in crude petroleum prices. The negative contemporaneous res...
Veröffentlicht in: | Monthly Labor Review. - United States Department of Labor, Bureau of Labor Statistics. - (2018) vom: Jan., Seite 1-11 |
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1. Verfasser: | |
Format: | Online-Aufsatz |
Sprache: | English |
Veröffentlicht: |
2018
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Zugriff auf das übergeordnete Werk: | Monthly Labor Review |
Schlagworte: | Applied sciences Economics Philosophy Mathematics Business |
Zusammenfassung: | This study uses error-correction models to analyze the response of retail automotive fuel margins to changes in crude petroleum prices. The results show a large, negative contemporaneous response of retail automotive fuel margins to changes in crude petroleum prices. The negative contemporaneous response is found to hold equally in cases where crude petroleum prices are rising or falling. |
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ISSN: | 19374658 |