Kong, Minji; Han, Doo Bong; Nayga Jr., Rodolfo M. - Agricultural and Applied Economics Association - AAEA - 2012
this study is to investigate the volatility transmission mechanism of grain prices with oil prices, under the assumption … between the grain market and oil prices, which implies that recent co-movements of oil and grain prices are just a temporary … phenomenon. Second, grain prices, except for rice, are affected by oil prices to some degree. Finally, the volatilities of oil …