A research on the relationship of transfer pricing in the downstream oil industry and Philippine crude oil prices
The main objective of this study is to determine and established the relationship between transfer pricing in the downstream oil industry on Philippine crude oil prices. It is also intended to come up with a measure of transfer pricing in the light of the said industry. The statistical methods of re...
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Main Authors: | , , , , , |
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Format: | text |
Language: | English |
Published: |
Animo Repository
2000
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Subjects: | |
Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/14080 |
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Institution: | De La Salle University |
Language: | English |
Summary: | The main objective of this study is to determine and established the relationship between transfer pricing in the downstream oil industry on Philippine crude oil prices. It is also intended to come up with a measure of transfer pricing in the light of the said industry. The statistical methods of regression analysis is used primarily to test the premise that there existed a positive relationship between the two variables aforementioned. Two regression models were utilized. Results of both regression confirmed the hypothesis that, indeed, a significant percentage of the total variation in the crude oil prices can be explained by changes in transfer prices. Hence, the two variables were directly related. This finding is subject, of course, to the limitations of this study. In conclusion, the researchers suggest that changes in oil transfer prices may be used as a gauge to anticipate fluctuations in oil prices and consequent changes in inflation rates. However, further study is recommended to explore the relatively sensitive but attractive topic transfer pricing and its relationship with other variables in other industries well. |
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