| 000 | 01590nam a22002657a 4500 | ||
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| 003 | ZW-GwMSU | ||
| 005 | 20240425103037.0 | ||
| 008 | 230719b |||||||| |||| 00| 0 eng d | ||
| 022 | _a13504851 | ||
| 040 |
_aMSU _cMSU _erda _bEnglish |
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| 050 | 0 | 0 | _aHB1.A666 APP |
| 100 | 1 |
_aPeri, Massimo _eauthor |
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| 245 | 1 | 0 |
_aPrice discovery in commodity markets/ _ccreated by Massimo Peri, Lucia Baldi and Daniela Vandone |
| 264 | 1 |
_aNew York: _bTaylor and Francis, _c2013. |
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| 336 |
_2rdacontent _atext _btxt |
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| 337 |
_2rdamedia _aunmediated _bn |
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| 338 |
_2rdacarrier _avolume _bnc |
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| 440 |
_aApplied economics letters _vVolume 20, number 4 |
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| 520 | 3 | _aThis article investigates the long-run relationship between spot and futures prices for corn and soybean. We apply cointegration methodology, allowing for the presence of potentially unknown structural breaks and then study the causality relationships between spot and futures prices within each specific subperiod identified with the aim of analysing the price discovery. Empirical estimates highlight (i) multiple breaks exist in the cointegrating relationship between prices and (ii) subperiods consequently identified express different dynamics in the causal relationship between spot and futures prices and support the idea that fundamentals are important in explaining the 2007/08 food price increase. | |
| 650 |
_aCommodity _vFutures markets _xPrice discovery |
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| 700 | 1 |
_aBaldi, Lucia _eco author |
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| 700 | 1 |
_aVandone, Daniela _eco author |
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| 856 | _uhttps://doi.org/10.1080/13504851.2012.709590 | ||
| 942 |
_2lcc _cJA |
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| 999 |
_c162937 _d162937 |
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