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...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2021-04-01
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Series: | EconomiA |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S1517758021000011 |