Mao, Qianqian; Loy, Jens-Peter; Glauben, Thomas; Ren, Yanjun - In: Agricultural Economics (Zemědělská ekonomika) 69 (2023) 12, pp. 471-484
Emerging economies often establish commodity futures markets to discover price signals, manage price risks and improve …-space modelling, we derived time-varying price discovery metrics for the apple futures market. Our findings revealed a limited and … time-varying dominance of price discovery by the futures market, while a substantial share of price discovery occurred in …