Who is responsible for asymmetric fuel price adjustments? An application of the threshold cointegrated VAR model
The purpose of the paper is to test the hypothesis about asymmetric price transmission between the fuel markets. The distribution chain is considered at three levels: the European wholesale market, the domestic wholesale market, and the domestic retail market. It is shown that between the European a...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2020-01-01
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| Series: | Baltic Journal of Economics |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/1406099X.2020.1746114 |