The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … test for the absolute versus relative version of the law of one price (LOOP) and estimate the speed of convergence as well … as its development over time. Our results show that the absolute version of the LOOP cannot be supported. Constant price …

The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … over time. Our results show that the absolute version of the LOOP cannot be supported. Constant price differences between …

The paper presents univariate and panel unit root tests for gasoline and oil price convergence over the last decade. We … over time. Our results show that the absolute version of the LOOP cannot be supported. Constant price differences between …