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Comparative Analysis between Hydrous Ethanol and Gasoline C Pricing in Brazilian Retail Market

Author

Listed:
  • Thiago B. Murari

    (Faculdade de Tecnologia, Centro Universitário SENAI CIMATEC, Salvador, BA 41650-010, Brazil)

  • Aloisio S. Nascimento Filho

    (Faculdade de Tecnologia, Centro Universitário SENAI CIMATEC, Salvador, BA 41650-010, Brazil)

  • Eder J.A.L. Pereira

    (Faculdade de Tecnologia, Centro Universitário SENAI CIMATEC, Salvador, BA 41650-010, Brazil
    Instituto Federal do Maranhão—IFMA, Bacabal, MA 65700-000, Brazil)

  • Paulo Ferreira

    (VALORIZA—Research Center for Endogenous Resource Valorization, 7300 Portalegre, Portugal
    Instituto Politécnico de Portalegre, 7300 Portalegre, Portugal
    CEFAGE-UE, IIFA, Universidade de Évora, 7000 Évora, Portugal)

  • Sergio Pitombo

    (Faculdade de Tecnologia, Centro Universitário SENAI CIMATEC, Salvador, BA 41650-010, Brazil)

  • Hernane B.B. Pereira

    (Faculdade de Tecnologia, Centro Universitário SENAI CIMATEC, Salvador, BA 41650-010, Brazil
    Senai CIMATEC, Universidade do Estado da Bahia—UNEB, Salvador, BA 41150-000, Brazil)

  • Alex A.B. Santos

    (Faculdade de Tecnologia, Centro Universitário SENAI CIMATEC, Salvador, BA 41650-010, Brazil)

  • Marcelo A. Moret

    (Faculdade de Tecnologia, Centro Universitário SENAI CIMATEC, Salvador, BA 41650-010, Brazil
    Senai CIMATEC, Universidade do Estado da Bahia—UNEB, Salvador, BA 41150-000, Brazil)

Abstract

The global energy landscape is rapidly changing, including the transition to a low carbon economy and the use of liquid biofuel. The production of liquid biofuel has emerged as an alternative to the use of fossil fuels for purposes of energy conservation, carbon emission mitigation and agricultural development. In this article we study the co-movements between hydrous ethanol and gasoline C in the Brazilian retail market. A multi-scale cross correlation analysis was applied to the Average Retail Margin time series of hydrous ethanol for fifteen relevant retail markets in Brazil to analyze the competitiveness of hydrous ethanol towards gasoline C. The empirical results showed a remarkable different behavior between hydrous ethanol and gasoline C, for any time scale, regardless of geographical distance or regional differences.

Suggested Citation

  • Thiago B. Murari & Aloisio S. Nascimento Filho & Eder J.A.L. Pereira & Paulo Ferreira & Sergio Pitombo & Hernane B.B. Pereira & Alex A.B. Santos & Marcelo A. Moret, 2019. "Comparative Analysis between Hydrous Ethanol and Gasoline C Pricing in Brazilian Retail Market," Sustainability, MDPI, vol. 11(17), pages 1-12, August.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:17:p:4719-:d:262197
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    References listed on IDEAS

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    Cited by:

    1. Aloisio S. Nascimento Filho & Hugo Saba & Rafael G. O. dos Santos & João Gabriel A. Calmon & Marcio L. V. Araújo & Eduardo M. F. Jorge & Thiago B. Murari, 2021. "Analysis of Hydrous Ethanol Price Competitiveness after the Implementation of the Fossil Fuel Import Price Parity Policy in Brazil," Sustainability, MDPI, vol. 13(17), pages 1-12, September.
    2. Aloisio S. Nascimento Filho & Rafael G. O. dos Santos & João Gabriel A. Calmon & Peterson A. Lobato & Marcelo A. Moret & Thiago B. Murari & Hugo Saba, 2022. "Induction of a Consumption Pattern for Ethanol and Gasoline in Brazil," Sustainability, MDPI, vol. 14(15), pages 1-11, July.
    3. Derick David Quintino & Heloisa Lee Burnquist & Paulo Jorge Silveira Ferreira, 2021. "Carbon Emissions and Brazilian Ethanol Prices: Are They Correlated? An Econophysics Study," Sustainability, MDPI, vol. 13(22), pages 1-18, November.

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