Economic Determinants of Gasoline Prices: A Cointegration Analysis for Czechia

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25510%2F25%3A39922839" target="_blank" >RIV/00216275:25510/25:39922839 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/60076658:12510/25:43909824

Výsledek na webu

<a href="https://doi.org/10.26552/com.C.2025.043" target="_blank" >https://doi.org/10.26552/com.C.2025.043</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.26552/com.C.2025.043" target="_blank" >10.26552/com.C.2025.043</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Economic Determinants of Gasoline Prices: A Cointegration Analysis for Czechia

Popis výsledku v původním jazyce

The long-term relationships between the N95 (“Natural 95”) gasoline prices and economic factors, such as Brent crude oil prices, diesel fuel prices, and the CZK/USD exchange rate from 2014 to 2024, was investigated within this research. The Engle-Granger cointegration test was used to identify any stable long-term connections between these variables. Despite the comprehensive tests, facilitated by the Matlab software, no evidence of cointegration was consistently found, indicating that these economic factors do not significantly influence N95 gasoline prices over the long term. The findings suggest that, while the short-term fluctuations in these economic indicators may temporarily impact gasoline prices, they are not reliable predictors of the long-term trends.

Název v anglickém jazyce

Economic Determinants of Gasoline Prices: A Cointegration Analysis for Czechia

Popis výsledku anglicky

The long-term relationships between the N95 (“Natural 95”) gasoline prices and economic factors, such as Brent crude oil prices, diesel fuel prices, and the CZK/USD exchange rate from 2014 to 2024, was investigated within this research. The Engle-Granger cointegration test was used to identify any stable long-term connections between these variables. Despite the comprehensive tests, facilitated by the Matlab software, no evidence of cointegration was consistently found, indicating that these economic factors do not significantly influence N95 gasoline prices over the long term. The findings suggest that, while the short-term fluctuations in these economic indicators may temporarily impact gasoline prices, they are not reliable predictors of the long-term trends.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50200 - Economics and Business

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2025

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Komunikácie - vedecké listy Žilinskej univerzity v Žiline

ISSN

1335-4205

e-ISSN

2585-7878

Svazek periodika

27

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

SK - Slovenská republika

Počet stran výsledku

8

Strana od-do

40-47

Kód UT WoS článku

001514092400001

EID výsledku v databázi Scopus

2-s2.0-105016114953