TY  - BOOK
AU  - Lamotte Olivier
AU  - Porcher Thomas
AU  - Schalck Christophe
AU  - Silvestre Stephan
TI  - Asymmetric gasoline price responses in France
SN  - 13504851
AV  - HB1.A666 APP 
PY  - 2013///
CY  - New York
PB  - Taylor & Francis
KW  - Gasoline prices
KW  - ARDL
KW  - Price asymmetries
KW  - France
N2  - This article examines the response of gasoline prices in France to shocks to crude oil prices in the international market. Using the Autoregressive Distributed Lag (ARDL) bounds testing approach of cointegration, we investigate potential price asymmetries in the French diesel and premium gasoline markets using weekly data over the period from May 1990 to April 2011. We find that gasoline prices gradually adjust towards a long-term equilibrium after a shock to the crude oil price, but this adjustment is lower when the crude oil price decreases than when it increases. We also find that the estimates differ slightly depending on the chosen gasoline price
UR  - https://doi.org/10.1080/13504851.2012.714063
ER  -