Asymmetric pass through of oil prices to gasoline and natural gas prices

RDF 

 
This item is provided by the institution :
International Hellenic University
Repository :
IHU Repository
see item page
in the web site of the repository *
share



Semantic enrichment/homogenization by EKT

2017 (EN)
Asymmetric pass through of oil prices to gasoline and natural gas prices (EN)

Vouzavalis, Grigorios (EN)

School of Science and Technology, MSc in Energy Management (EL)
Apergis, Nikolaos (EN)

The objective of this dissertation was to investigate the asymmetric pass-through of oil prices to natural gas and gasoline prices under the non-linear autoregressive distributed lags (NARDL) modelling approach proposed by Shin et al. (2013). Both short- and long-run non-linearities were tested for by deriving the positive and negative partial sum decompositions of the dependent variables. In addition, it was feasible through the econometric analysis to quantify the respective responses to positive and negative oil price shocks from the asymmetric dynamic multipliers. The obtained results indicated an asymmetric relationship in most of the cases, yet with a different price transmission mechanism each time. These findings can have significant policy implications as well. (EN)

masterThesis

Διεθνές Πανεπιστήμιο της Ελλάδος (EL)
International Hellenic University (EN)

2017-03-16


IHU (EN)



*Institutions are responsible for keeping their URLs functional (digital file, item page in repository site)