Montasser, Ghassen El; Gupta, Rangan; Martins, Andre Luis; … - Department of Economics, Faculty of Economic and … - 2014
This paper presents an analysis of ethanol-gasoline price ratio in Brazil from 2000 to 2012. Since 2008 Brazilian … annual inflation in Brazil is around 5% per year and increase in costs is transferred to ethanol prices this explain why … ethanol consumption decays while gasoline consumption boosts. In Brazil, consumers are often told that ethanol is more …