Szomolányi, Karol; Lukáčik, Martin; Lukáčiková, … - In: Proceedings of the ENTRENOVA - ENTerprise REsearch … 8 (2022) 1, pp. 9-15
Many empirical studies state that retail gasoline and diesel prices react more quickly when the crude oil price rises …. The model allows us to compute average one-gallon gasoline and diesel price biases from the increase in oil by one dollar … gasoline and diesel reaction functions. The correspondent model is estimated with the system's generalised method of moments …