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Price Co Movement between Biodiesel and Natural Gas

Author

Listed:
  • Karel JANDA

    (Charles University Czech Republic University of Economics Prague Czech Republic)

  • Jakub KOURILEK

    (Charles University Czech Republic)

  • Sarah TRABELSI

    (Universite Laval Canada)

Abstract

We study relationship between biodiesel as a most important biofuel in the European Union relevant feedstock commodities and fossil fuels Our main interest is to capture relationship between biodiesel and natural gas They are both used either directly as a fuel or indirectly in form of additives in transport Therefore our purpose is to find price linkage between biofuel and natural gas to support or reject the claim that they compete as alternative fuels and potential substitutes The estimated price link between biodiesel and diesel is negative and the strongest among analyzed commodities The price transmission between biodiesel and natural gas is the weakest one

Suggested Citation

  • Karel JANDA & Jakub KOURILEK & Sarah TRABELSI, 2017. "Price Co Movement between Biodiesel and Natural Gas," Journal of Advanced Research in Management, ASERS Publishing, vol. 8(1), pages 7-16.
    • Handle: RePEc:srs:jemt00:v:8:y:2017:i:1:p:7-16
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    JEL classification:

    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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