Balcilar, Mehmet; Chang, Shinhye; Gupta, Rangan; … - Department of Economics, Faculty of Economic and … - 2014
findings show that the effect of oil prices on agricultural commodity prices varies across the different quantiles of the … is not necessarily at the mean. We show that due to nonlinear dependence between oil prices and agricultural commodity … prices, regular Granger causality provides misleading results and also fails to characterize the relationship over the entire …