Ajmi, Ahdi N.; Gupta, Rangan; Kruger, Monique; … - Department of Economics, Faculty of Economic and … - 2014
The aim of this paper is to investigate the causal relationship between agricultural prices in South Africa and global oil prices. A nonlinear Granger causality test based on moment conditions, introduced by Nishiyama et al (2011) is employed and we find that there is indeed a causal...