Abrenica, Ma. Joy; Danao, Rolando; Mendoza, Ma. Nimfa - In: Philippine Review of Economics 51 (2014) 2, pp. 1-20
third inquiry has found some evidence of price asymmetry in a recent period. Applying a standard price asymmetry model with … error correction term on weekly price data, this study finds no evidence of price asymmetry. Instead, local pump prices are …