Kristoufek, Ladislav; Janda, Karel; Zilberman, David - Crawford School of Public Policy, Australian National … - 2015
between prices of ethanol and corn (in USA) or sugar (in Brazil) is positive, strong and stable in time. Importantly, we show …We use the wavelet coherence methodology to investigate relations between prices of ethanol and its feedstocks. Our … the most important ethanol markets – Brazil and the USA. For both of these markets we show that the long-run relationship …