Szomolányi, Karol; Lukáčik, Martin; Lukáčiková, … - In: Proceedings of the ENTRENOVA - ENTerprise REsearch … 5 (2019) 1, pp. 359-366
In this paper we examine if Slovak retail gasoline and diesel prices respond more quickly when crude oil price rises … to be basic tool for the analysis of asymmetric retail price reaction of gasoline and diesel. The explanatory variable is … estimate vector error correction model in our analysis. The both model approaches reject expected asymmetry in the retail price …