Chuangchid, Kantaporn; Sriboonchitta, Songsak; Rahman, … - In: International Journal of Agricultural Management 02 (2013) 2
This paper uses the extreme value theory (EVT) to predict extreme price events of Malaysian palm oil in the future, based on monthly futures price data for a 25 year period (mid-1986 to mid-2011). Model diagnostic has confirmed non-normal distribution of palm oil price data, thereby justifying...