Cheung, Calista (contributor); Morin, Sylvie (contributor) - 2007
Over the past 5 years, real energy and non-energy commodity prices have trended sharply higher. These relative price … in China has raised the level of world demand, this has put upward pressure on commodity prices. The effect has been … metals price index. We employ a structural break approach for oil prices, while metals prices are modelled with an error …