Are there multiple bubbles in the ethanol-gasoline price ratio of Brazil?
| dc.contributor.author | El Montasser, Ghassen | |
| dc.contributor.author | Gupta, Rangan | |
| dc.contributor.author | Martins, Andre Luis | |
| dc.contributor.author | Wanke, Peter | |
| dc.contributor.email | rangan.gupta@up.ac.za | en_ZA |
| dc.date.accessioned | 2015-09-04T06:22:42Z | |
| dc.date.available | 2015-09-04T06:22:42Z | |
| dc.date.issued | 2015-08 | |
| dc.description.abstract | This paper tests for the existence of bubbles in the ethanol–gasoline price ratio in Brazil from 2000 to 2012 using right-tailed ADF tests. Results suggest the existence of two bubbles: one which has already burst (during the re-election of President Lula); and one which has been ongoing since 2010, thus corroborating empirical and anecdotal evidence in the Brazilian sugarcane industry. Freezing gasoline prices not only depressed ethanol prices but also depressed investments in new sugarcane crops and distillation plants. | en_ZA |
| dc.description.embargo | 2016-08-31 | en_ZA |
| dc.description.librarian | hb2015 | en_ZA |
| dc.description.uri | http://www.elsevier.com/locate/rser | en_ZA |
| dc.identifier.citation | El Montasser, G, Gupta, R, Martins, AL & Wanke, P 2015, 'Are there multiple bubbles in the ethanol-gasoline price ratio of Brazil?', Renewable and Sustainable Energy Reviews, vol. 52, pp. 19-23. | en_ZA |
| dc.identifier.issn | 1364-0321 (print) | |
| dc.identifier.issn | 1879-0690 (online) | |
| dc.identifier.other | 10.1016/j.rser.2015.07.085 | |
| dc.identifier.uri | http://hdl.handle.net/2263/49704 | |
| dc.language.iso | en | en_ZA |
| dc.publisher | Elsevier | en_ZA |
| dc.rights | © 2015 Elsevier Ltd. All rights reserved. Notice : this is the author’s version of a work that was accepted for publication in Renewable and Sustainable Energy Reviews . Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Renewable and Sustainable Energy Reviews, vol. 52, pp. 19-23, 2015. doi : 10.1016/j.rser.2015.07.085. | en_ZA |
| dc.subject | Brazil | en_ZA |
| dc.subject | Bubbles | en_ZA |
| dc.subject | Ethanol–gasoline price-ratio | en_ZA |
| dc.subject | Right-tailed ADFtests | en_ZA |
| dc.title | Are there multiple bubbles in the ethanol-gasoline price ratio of Brazil? | en_ZA |
| dc.type | Postprint Article | en_ZA |