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Two different fractal regression methodologies were employed with the aim of understanding the relationship between prices of ethanol produced in the USA and Brazil, the most important producers of ethanol.… Click to show full abstract
Two different fractal regression methodologies were employed with the aim of understanding the relationship between prices of ethanol produced in the USA and Brazil, the most important producers of ethanol. These methodologies, which have the advantage of giving us information about the relationships between different timescales, could also provide interesting and important information about this particular market. Our results suggest, first, some differences in the basic price in these markets, and second, a positive relationship between prices (as expected) but not a one‐to‐one relationship. © 2021 Society of Chemical Industry and John Wiley & Sons, Ltd
Journal Title: Biofuels
Year Published: 2021
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