Identifying the dynamic connectedness between propane and oil prices: Evidence from wavelet analysis
Identifying the dynamic connectedness between propane and oil prices: Evidence from wavelet analysis
This paper takes into account the LPG markets and aims to examine the short run and long run dependencies between crude oil and propane prices during the period 2006-2018. Our empirical study is based on the wavelet transform approach, which allows us to evaluate the co-movement in both time-frequency spaces.