Does the Russia-Ukraine conflict affect gasoline prices?

被引：8
|
作者：
Meng, Xin [1 ,3 ]
Yu, Yanni [2 ,3 ]
机构：
[1] Shandong Univ, Inst Blue & Green Dev, Weihai 264209, Peoples R China
[2] Shandong Univ, Inst Interdisciplinary Res, Weihai 264209, Peoples R China
[3] Shandong Univ, Ctr Human Sustainabil, Weihai 264209, Peoples R China
来源：
ENERGY ECONOMICS | 2023年 / 128卷
基金：
中国国家自然科学基金;
关键词：
Geopolitical risks; Russia -Ukraine conflict; Gasoline price; Crude oil price; Inflation; REGRESSION DISCONTINUITY DESIGNS; INTERNATIONAL CRUDE-OIL; IMPACT; OPEC;
D O I：
10.1016/j.eneco.2023.107113
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Geopolitical risk is an important factor driving the change in energy prices, especially the recent Russia-Ukraine conflict. The gasoline price is essential to national economic development and social stability. How does the Russia-Ukraine conflict affect gasoline prices in various countries? The paper constructs a regression discontinuity (RD) model to analyze the influence of the Russia-Ukraine conflict on gasoline prices to solve this problem. There are some important findings. (1) Gasoline prices in countries with greater than zero external dependence on crude oil are vulnerable to the Russia-Ukraine conflict. (2) The Russia-Ukraine conflict can increase gasoline prices by affecting international crude oil prices. (3) The Russia-Ukraine conflict can increase gasoline prices by affecting inflation rates. Some related policy suggestions are also proposed.
引用
收藏
页数：14
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