2017-03-17T11:00:01Z

2017-03-17

Default License

masterThesis

Energy - Oil

Gasoline--Prices

Natural gas--Prices

free

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2017-03-16

Contents ABSTRACT .................................................................................................... iii CONTENTS .................................................................................................... iv 1. INTRODUCTION ....................................................................................... 1 2. LITERATURE REVIEW ............................................................................. 4 3. DATA AND METHODOLOGY ................................................................ 19 3.1 Data .................................................................................................. 19 3.2 Methodology ..................................................................................... 23 4. EMPIRICAL RESULTS ........................................................................... 27 4.1 Pass-through of crude oil to natural gas prices ................................. 28 4.2 Pass-through of crude oil to gasoline prices ..................................... 33 4.2.1 Greece ....................................................................................... 33 4.2.2 Italy ............................................................................................. 36 4.2.3 Spain .......................................................................................... 40 4.2.4 The UK ....................................................................................... 43 4.2.5 The US ....................................................................................... 47 5. CONCLUDING REMARKS ..................................................................... 51 REFERENCES .......................................................................................................... 53

Apergis, Nikolaos

ihu

Greece

Spain

United Kingdom