if oil prices rise and more slowly if oil prices fall. We use the simple and dynamic asymmetry models, error correction … models, threshold autoregressive cointegration, and an approach based on the adjustment cost function in the linear …-exponential form to verify the hypothesis of asymmetric reactions of gasoline and diesel prices in Croatia. The analysis uses a weekly …

Many empirical studies state that retail gasoline and diesel prices react more quickly when the crude oil price rises … gasoline and diesel reaction functions. The correspondent model is estimated with the system's generalised method of moments …. The model allows us to compute average one-gallon gasoline and diesel price biases from the increase in oil by one dollar …