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A Review Of The Evidence On The Relation Between Crude Oil Prices And Petroleum Product Prices

Penulis : LOUIS H. EDERINGTON [-]
Kontributor / Dosen Pembimbing :
  • Chitru S. Fernando, Seth A. Hoelscher, Thomas K. Lee,, Scott C. Linn
Jenis Koleksi : Jurnal elektronik
Penerbit : Lain-lain
Fakultas :
Subjek :
Kata Kunci : Oil prices, Petroleum product prices, Energy economics, Commodities
Sumber : Journal of Commodity Markets, https://doi.org/10.1016/j.jcomm.2018.09.002 Received 11 September 2018; Accepted 12 September 2018
Staf Input/Edit : Suharsiyah  
File : 1 file
Tanggal Input : 08 Jan 2019

2018_EJRNL_PP_LOUIS_H__EDERINGTON_1.pdf
Terbatas  Suharsiyah
» Gedung UPT Perpustakaan

We review a large body of the empirical literature focusing on the relation between petroleum product prices and oil prices and discuss the evidence on the direction of causality between crude oil prices and petroleum product prices. In addition, we survey the literature on the much-debated question of whether petroleum product prices respond differently to increases versus decreases in oil prices, which Bacon (1991) labeled the “rockets and feathers” phenomenon.

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