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Open AccessArticle

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

1
Faculdade de Tecnologia, Centro Universitário SENAI CIMATEC, Salvador, BA 41650-010, Brazil
2
Instituto Federal do Maranhão—IFMA, Bacabal, MA 65700-000, Brazil
3
VALORIZA—Research Center for Endogenous Resource Valorization, 7300 Portalegre, Portugal
4
Instituto Politécnico de Portalegre, 7300 Portalegre, Portugal
5
CEFAGE-UE, IIFA, Universidade de Évora, 7000 Évora, Portugal
6
Senai CIMATEC, Universidade do Estado da Bahia—UNEB, Salvador, BA 41150-000, Brazil
*
Author to whom correspondence should be addressed.
Sustainability 2019, 11(17), 4719; https://doi.org/10.3390/su11174719
Received: 31 July 2019 / Revised: 23 August 2019 / Accepted: 28 August 2019 / Published: 29 August 2019
(This article belongs to the Special Issue Sustainable Bioeconomy)
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. View Full-Text
Keywords: ethanol; fuel retail market; DCCA cross-correlation coefficient ethanol; fuel retail market; DCCA cross-correlation coefficient
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MDPI and ACS Style

Murari, T.B.; Nascimento Filho, A.S.; Pereira, E.J.A.L.; Ferreira, P.; Pitombo, S.; Pereira, H.B.B.; Santos, A.A.B.; Moret, M.A. Comparative Analysis between Hydrous Ethanol and Gasoline C Pricing in Brazilian Retail Market. Sustainability 2019, 11, 4719.

AMA Style

Murari TB, Nascimento Filho AS, Pereira EJAL, Ferreira P, Pitombo S, Pereira HBB, Santos AAB, Moret MA. Comparative Analysis between Hydrous Ethanol and Gasoline C Pricing in Brazilian Retail Market. Sustainability. 2019; 11(17):4719.

Chicago/Turabian Style

Murari, Thiago B.; Nascimento Filho, Aloisio S.; Pereira, Eder J.A.L.; Ferreira, Paulo; Pitombo, Sergio; Pereira, Hernane B.B.; Santos, Alex A.B.; Moret, Marcelo A. 2019. "Comparative Analysis between Hydrous Ethanol and Gasoline C Pricing in Brazilian Retail Market" Sustainability 11, no. 17: 4719.

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