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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Format: | Article |
Language: | English |
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University of Wollongong
2010-06-01
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Series: | Australasian Accounting, Business and Finance Journal |
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Online Access: | http://ro.uow.edu.au/aabfj/vol4/iss2/3 |