Price asymmetry in the US fibre markets
In this article, price linkages between cotton and polyester markets are investigated. After determining that the causality is present in both the directions, the nature of the price linkages was studied. The results suggest that polyester price responds asymmetrically to cotton price changes, whereas asymmetric response from cotton price to changes in polyester price is found to be weak. The results also did not support the hypothesis of contemporaneous effects between the polyester and cotton prices.
Year of publication: |
2007
|
---|---|
Authors: | Pan, Suwen ; Mohanty, Samarendu ; Fadiga, Mohamadou |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 14.2007, 8, p. 545-548
|
Publisher: |
Taylor & Francis Journals |
Saved in:
freely available
Saved in favorites
Similar items by person
-
PAN, SUWEN, (2007)
-
Doha development agenda: implications for the US and world cotton markets
Fadiga, Mohamadou, (2008)
-
EFFECTS OF CHINESE CURRENCY REVALUATION ON WORLD FIBER MARKETS
PAN, SUWEN, (2007)
- More ...