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Spot pricing of non-oil energy sectors

✍ Scribed by Tom W. Berrie


Publisher
Elsevier Science
Year
1988
Tongue
English
Weight
501 KB
Volume
16
Category
Article
ISSN
0301-4215

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## Abstract This paper estimates linear and non‐linear error correction models for the spot prices of four different coffee types. In line with economic priors, we find some evidence that when prices are too high, they move back to equilibrium more slowly than when they are too low. This may reflec