Influence of the Main Economic Factors on the Diesel Fuel Pricing

Authors

  • Ilya Alexandrovich Davydov

DOI:

https://doi.org/10.47059/revistageintec.v11i4.2121

Abstract

The article considers the features of diesel fuel pricing and studies the correlation level between the price of diesel fuel in Russia, its gross domestic product, the price of oil and the volume of diesel fuel production. As a result, it concludes, that according to the correlation matrix, all regressors effect the price of diesel fuel, i.e. real GDP, the price of oil and the volume of diesel fuel production correlate with the price of diesel fuel. The existence of a correlation between regressors is also noted.

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Published

2021-07-11

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Section

Articles