Testando a assimetria nos preços da gasolina brasileira

Abstract

This paper has the objective to present an analysis of the prices in the Brazilian retail gasoline market, evidencing a non-linear relationship with the international oil prices and the Brazilian exchange rate. The results show that the gasoline price recover, on average, 90% of the negative discrepancies from a period to other. However, only 5% positive differences are adjusted, or still are not recovered.