Modelling the Price of Unleaded Petrol in Australia’s Capital Cities

This paper examines the long-run and short-run determinants of unleaded petrol price in Australia’s capitalcities using monthly data to find out whether prices respond asymmetrically to external shocks. Based on thecointegration test results and the estimated asymmetric short-run dynamic models, it...

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Bibliographic Details
Main Author: Abbas Valadkhani
Format: Article
Language:English
Published: University of Wollongong 2010-06-01
Series:Australasian Accounting, Business and Finance Journal
Subjects:
Online Access:http://ro.uow.edu.au/aabfj/vol4/iss2/3