Comparative Analysis between Hydrous Ethanol and Gasoline C Pricing in Brazilian Retail Market

被引:9
|
作者
Murari, Thiago B. [1 ]
Nascimento Filho, Aloisio S. [1 ]
Pereira, Eder J. A. L. [1 ,2 ]
Ferreira, Paulo [3 ,4 ,5 ]
Pitombo, Sergio [1 ]
Pereira, Hernane B. B. [1 ,6 ]
Santos, Alex A. B. [1 ]
Moret, Marcelo A. [1 ,6 ]
机构
[1] Ctr Univ SENAI CIMATEC, Fac Tecnol, BR-41650010 Salvador, BA, Brazil
[2] Inst Fed Maranhao IFMA, BR-65700000 Bacabal, MA, Brazil
[3] VALORIZA Res Ctr Endogenous Resource Valorizat, P-7300 Portalegre, Portugal
[4] Inst Politecn Portalegre, P-7300 Portalegre, Portugal
[5] Univ Evora, IIFA, CEFAGE UE, P-7000 Evora, Portugal
[6] Univ Estado Bahia UNEB, Senai CIMATEC, BR-41150000 Salvador, BA, Brazil
关键词
ethanol; fuel retail market; DCCA cross-correlation coefficient; CROSS-CORRELATION ANALYSIS; CORRELATION-COEFFICIENT; FLEX CARS; FUEL; BIOECONOMY; DYNAMICS; SERIES; DNA;
D O I
10.3390/su11174719
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The global energy landscape is rapidly changing, including the transition to a low carbon economy and the use of liquid biofuel. The production of liquid biofuel has emerged as an alternative to the use of fossil fuels for purposes of energy conservation, carbon emission mitigation and agricultural development. In this article we study the co-movements between hydrous ethanol and gasoline C in the Brazilian retail market. A multi-scale cross correlation analysis was applied to the Average Retail Margin time series of hydrous ethanol for fifteen relevant retail markets in Brazil to analyze the competitiveness of hydrous ethanol towards gasoline C. The empirical results showed a remarkable different behavior between hydrous ethanol and gasoline C, for any time scale, regardless of geographical distance or regional differences.
引用
收藏
页数:12
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