Biodiesel as a motor fuel price stabilization mechanism

This article studies the capacity of biofuels to reduce motor fuel price fluctuations. For this purpose, we study dependence between crude oil and biodiesel blend prices in Spain. Copula models are used for this purpose. Results suggest that the practice of blending biodiesel with diesel can protect consumers against extreme crude oil price increases.


Issue Date:
2012
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/126056
Total Pages:
37
JEL Codes:
c32; q11




 Record created 2017-04-01, last modified 2017-04-26

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