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futures markets vary with selection of cash markets. The cointegration relationship between corn cash and futures prices only …
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This study investigates dynamic relationships among U.S. corn cash prices for the years 2006-2011. With daily data from 182 spatially separated markets spreading across 7 states, Iowa (IA), Illinois (IL), Indiana (IN), Ohio (OH), Minnesota (MN), Nebraska (NE), and Kansas (KS), we apply an error...
Persistent link: https://www.econbiz.de/10011068978
This study examines the factors that determine the export performance of three major agricultural exportable commodities of cocoa, rubber and palm-kernel in the context of liberalization. Using time series data covering thirty three years and to avoid spurious result, error correction model was...
Persistent link: https://www.econbiz.de/10005068406
This paper reconsiders the implications of efficient markets for transmission of price volatility across markets. Tests … of volatility transmission are based on conditional variances. Results are reported for key grain and beef markets …
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reveal that both the series are break-stationary. Therefore, we apply the Gregory-Hansen (1996) residual based cointegration …
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