Chopra, Aviral; Bessler, David A. - In: Indian Economic Review 40 (2005) January, pp. 1-21
We explore empirically the incidence of price discovery for black pepper in the spot market and the nearby and first distant futures markets with October 2001 to February 2003 daily data from Kerala, India. Modern time series methods of cointegration and directed acyclic graphs show that price...