A Comparative Study on the Dynamic Correlation Effect of Foreign and Domestic Gasoline and Diesel Price Fluctuations
This paper uses the law of one price (LOP) and the DCC-GARCH method based on ten-day price sequences. The findings indicate that, compared with the international refined oil markets with mature market-oriented pricing mechanisms, only in the Chinese market do gasoline and diesel prices meet the LOP....
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2020-08-01
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| Series: | Applied Mathematics and Nonlinear Sciences |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/amns.2020.2.00027 |