Are there multiple bubbles in the ethanol-gasoline price ratio of Brazil?
作者： Ghassen El Montasser , Rangan Gupta , Andre Luis Martins , Peter Wanke , None
DOI: 10.1016/J.RSER.2015.07.085
关键词:
摘要: This paper tests for the existence of bubbles in ethanol–gasoline price ratio Brazil from 2000 to 2012 using right-tailed ADF tests. Results suggest two bubbles: one which has already burst (during re-election President Lula); and been ongoing since 2010, thus corroborating empirical anecdotal evidence Brazilian sugarcane industry. Freezing gasoline prices not only depressed ethanol but also investments new crops distillation plants.
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sci-hub.se 参考文章(34)
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