Nik Muhammad Naziman Ab Rahman; Nawi, Abdol Samad; … - In: Journal of applied finance & banking 2 (2012) 4, pp. 25-47
This paper investigates the market efficiency of the Malaysian crude palm oil prices using data for the sample period spanning from 1998:01 – 2010:12. The univariate unit root test confirms that all series are non-stationary in their levels. The Johansen multivariate test provides empirical...