Cartel screening in the Brazilian fuel retail market

We aim to evaluate two different econometric screens for identifying anti-competitive behavior in the fuel retail market: (i) The Markov-Switching GARCH (MS-GARCH) Models; (ii) The Local Gaussian Correlation (LGC) approach. Using the gasoline cartel judged and condemned in Brasília as a benchmark, o...

Full description

Bibliographic Details
Main Authors: Douglas Silveira, Silvinha Vasconcelos, Paula Bogossian, Joaquim Neto
Format: Article
Language:English
Published: Elsevier 2021-04-01
Series:EconomiA
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S1517758021000011