Bastianin, Andrea; Galeotti, Marzio; Manera, Matteo - Fondazione ENI Enrico Mattei (FEEM) - 2013
We analyze the relationship between the prices of ethanol, agricultural commodities and livestock in Nebraska, the U ….S. second largest ethanol producer. The paper focuses on long-run relations and Granger causality linkages between ethanol and …-of-sample predictive ability. Even after taking breaks into account, evidence that the price of ethanol drives the price dynamics of the …