Adrangi, Bahram; Chatrath, Arjun; Christie-David, Rohan A. - In: Applied Economics Letters 21 (2014) 4, pp. 276-279
Silicon has wide applications in the electronic, ferrous foundry and chemical industries but does not possess a well-developed forward or futures market. Here we investigate potential candidates to cross-hedge silicon's price risk. Our results show that a proxy for a newly introduced Chicago...