Repository logo
 
Publication

Relative Prices of Ethanol-Gasoline in the Major Brazilian Capitals: An Analysis to Support Public Policies

2022-06-30Journal article Open access
Simple item page
dc.contributor.authorDavid Quintino, Derick
dc.contributor.authorLee Burnquist, Heloisa
dc.contributor.authorFerreira, Paulo
dc.date.accessioned2025-01-15T12:32:00Z
dc.date.available2025-01-15T12:32:00Z
dc.date.issued2022-06-30
dc.date.updated2023-02-20T11:40:07Z
dc.description.abstractThe use of biomass as an energy source has advanced in recent decades, given the scientific evidence that it is a solution to the environmental problems faced globally. In this context, biofuels derived from biomass have a prominent role. Among the countries where this alternative is the most promising, Brazil stands out, just behind the USA. It is, therefore, necessary to assess whether such a replacement is economically viable. For such an assessment, the behavior of the relative price of bioethanol/gasoline is crucial. In the present work, the degree of temporal persistence of relative prices, considering the existence of shocks to which they are exposed, is evaluated, considering 15 important Brazilian capitals, via the detrended fluctuation analysis (DFA). The degree of correlation is also evaluated through the detrended cross-correlation analysis (DCCA) between fuel prices in São Paulo, the capital of the most populous state and main producer of bioethanol, with the capitals of the 14 states selected for the analysis. The period of analysis takes place between 2004 and 2020. The use of DCCA with sliding windows was recently proposed and we also evaluate DFA dynamically in this way, and this, together with an extended sample in the context of Brazilian fuel prices, represents the main innovations of the present work. We found that the degree of persistence varies significantly depending on the capitals analyzed, which means that price variations are localized and demand regional stimulus policies. Furthermore, it was found that the correlation with São Paulo is less intense in the most geographically distant capitals. Such evidence is important and complementary to infer how integrated the national bioethanol market is, in order to support public policies aimed at its consolidation.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.3390/en15134795pt_PT
dc.identifier.slugcv-prod-3024651
dc.identifier.urihttp://hdl.handle.net/10400.26/53842
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.subjectethanol-gasoline relative pricept_PT
dc.subjectHurstpt_PT
dc.subjectcross-correlationpt_PT
dc.subjectfuel retail marketpt_PT
dc.subjectbiofuel policypt_PT
dc.titleRelative Prices of Ethanol-Gasoline in the Major Brazilian Capitals: An Analysis to Support Public Policiespt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/Concurso de avaliação no âmbito do Programa Plurianual de Financiamento de Unidades de I&D (2017%2F2018) - Financiamento Base/UIDB%2F05064%2F2020/PT
oaire.citation.titleEnergiespt_PT
oaire.fundingStreamConcurso de avaliação no âmbito do Programa Plurianual de Financiamento de Unidades de I&D (2017/2018) - Financiamento Base
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.cv.cienciaidB513-B46A-E5F3 | Paulo Jorge Silveira Ferreira
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isProjectOfPublication0cd5c3a9-59a4-47a4-a519-49e2c2c24fcd
relation.isProjectOfPublication.latestForDiscovery0cd5c3a9-59a4-47a4-a519-49e2c2c24fcd

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Relative_Prices_of_Ethanol-Gasoline_in_the_Major_Brazilian_Capitals.pdf
Size:
1.87 MB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.89 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

VALORIZA - Artigos em Revistas Científicas