This article examines the relationship between the spot and futures prices of WTI crude oil using a sample of daily data. Linear causality testing reveals that futures prices lead spot prices, but nonlinear causality testing reveals a bidirectional effect. This result suggests that both spot and fut
The effect of ethanol listing on corn prices: Evidence from spot and futures markets
✍ Scribed by Demirer, Rıza; Kutan, Ali M.; Shen, Fanglin
- Book ID
- 123074749
- Publisher
- Elsevier Science
- Year
- 2012
- Tongue
- English
- Weight
- 423 KB
- Volume
- 34
- Category
- Article
- ISSN
- 0140-9883
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