Behavior of retail gasoline prices in the Philippines to changes in crude oil prices : is it symmetric or asymmetric? / Jaewook Kim

By:

Kim, Jaewook

Series: Philippine Management Review. 19, page 11-22 Publication details: 2012Content type:

text

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unmediated

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volume

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Summary: This study examines if the relationship between the behavior of retail gasoline prices in the Philippines and changes in world crude oil prices is indeed asymmetric or possibly symmetric. Based on weekly data from October 2005 to September 2010, test results reveal that there is no pattern symmetry between movements in retail gasoline prices and changes in crude oil prices. But there is amount symmetry in the responsiveness of unleaded retail gasoline prices changes to crude oil prices.

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Manila Tytana Colleges Library REFERENCE SECTION	Bound (Browse shelf(Opens below))	Not For Loan

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Previous	Bound International liquidity, monetary spillovers and asset prices /	Bound Banking industry structure and economic activities : a regional approach for the Philippines /	Bound Efficiency analysis of electric cooperatives in the Philippines /	Bound Behavior of retail gasoline prices in the Philippines to changes in crude oil prices : is it symmetric or asymmetric? /	Bound Forecasting customer lifetime value : a statistical approach /	Bound Strategic hr practices in some organizations in the Philippines /	Bound A comparison of board governance practices of selected Philippine and Hong Kong banks /	Next

This study examines if the relationship between the behavior of retail gasoline prices in the Philippines and changes in world crude oil prices is indeed asymmetric or possibly symmetric. Based on weekly data from October 2005 to September 2010, test results reveal that there is no pattern symmetry between movements in retail gasoline prices and changes in crude oil prices. But there is amount symmetry in the responsiveness of unleaded retail gasoline prices changes to crude oil prices.

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Behavior of retail gasoline prices in the Philippines to changes in crude oil prices : is it symmetric or asymmetric? / Jaewook Kim

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Manila Tytana Colleges Library | Metropolitan Park, Pres. Diosdado Macapagal Blvd., Pasay City, 1300 Tel.(+63-2) 859-0826 | E-mail library@mtc.edu.ph

Manila Tytana Colleges Library | Metropolitan Park, Pres. Diosdado Macapagal Blvd., Pasay City, 1300
Tel.(+63-2) 859-0826 | E-mail library@mtc.edu.ph