The spatio-temporal dynamics of ethanol/gasoline price ratio in Brazil
Márcio Laurini ()
Renewable and Sustainable Energy Reviews, 2017, vol. 70, issue C, 1-12
We use an innovative method to analyze the spatio-temporal evolution of the ethanol/gasoline price ratio to end consumers in Brazil. This model allows estimating the distribution of prices throughout the country using a continuous space model estimated by Bayesian methods. We use data from the National Petroleum, Natural Gas and Biofuels Agency's price survey system, a weekly sample of 10% of fuel suppliers in Brazil, to estimate continuous projections of the price ratio for the entire country for the 2007–2014 period. We use this model to build an indicator of ethanol advantage in the country and show how this advantage has declined since 2009.
Keywords: Spatio-temporal model; Ethanol/gasoline price ratio; Spatial random effects; Co-integration (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:70:y:2017:i:c:p:1-12
Ordering information: This journal article can be ordered from
http://www.elsevier. ... 600126/bibliographic
Access Statistics for this article
Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski
More articles in Renewable and Sustainable Energy Reviews from Elsevier
Series data maintained by Dana Niculescu ().