EN
Examining the Relationship of Crude Oil Future Price Return and Agricultural Future Price Return in US
Abstract
The purpose of this paper is to investigate the relationships between crude oil futures and agricultural grain commodities futures for soybeans, wheat and corn. Daily data for soybeans, wheat and corn are collected from Chicago Board of Trade (CBOT) and crude oil from New York Mercantile Exchange (NYMEX). The time period covered in this study extends from January 3, 2006 to February 22, 2012. In order to detect the relationships between crude oil and agriculture grain commodities futures, we apply the Vector Autoregression (VAR) model. From the VAR model, the change in each of agriculture grain commodities is significantly influenced by the change in the crude oil and other agriculture grain commodities.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
March 1, 2016
Submission Date
March 1, 2016
Acceptance Date
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Published in Issue
Year 2016 Volume: 6 Number: 1
APA
Wei, C.-C., & Chen, S.-M. (2016). Examining the Relationship of Crude Oil Future Price Return and Agricultural Future Price Return in US. International Journal of Energy Economics and Policy, 6(1), 58-64. https://izlik.org/JA27WT63EP
AMA
1.Wei CC, Chen SM. Examining the Relationship of Crude Oil Future Price Return and Agricultural Future Price Return in US. IJEEP. 2016;6(1):58-64. https://izlik.org/JA27WT63EP
Chicago
Wei, Ching-Chun, and Shu-Min Chen. 2016. “Examining the Relationship of Crude Oil Future Price Return and Agricultural Future Price Return in US”. International Journal of Energy Economics and Policy 6 (1): 58-64. https://izlik.org/JA27WT63EP.
EndNote
Wei C-C, Chen S-M (March 1, 2016) Examining the Relationship of Crude Oil Future Price Return and Agricultural Future Price Return in US. International Journal of Energy Economics and Policy 6 1 58–64.
IEEE
[1]C.-C. Wei and S.-M. Chen, “Examining the Relationship of Crude Oil Future Price Return and Agricultural Future Price Return in US”, IJEEP, vol. 6, no. 1, pp. 58–64, Mar. 2016, [Online]. Available: https://izlik.org/JA27WT63EP
ISNAD
Wei, Ching-Chun - Chen, Shu-Min. “Examining the Relationship of Crude Oil Future Price Return and Agricultural Future Price Return in US”. International Journal of Energy Economics and Policy 6/1 (March 1, 2016): 58-64. https://izlik.org/JA27WT63EP.
JAMA
1.Wei C-C, Chen S-M. Examining the Relationship of Crude Oil Future Price Return and Agricultural Future Price Return in US. IJEEP. 2016;6:58–64.
MLA
Wei, Ching-Chun, and Shu-Min Chen. “Examining the Relationship of Crude Oil Future Price Return and Agricultural Future Price Return in US”. International Journal of Energy Economics and Policy, vol. 6, no. 1, Mar. 2016, pp. 58-64, https://izlik.org/JA27WT63EP.
Vancouver
1.Ching-Chun Wei, Shu-Min Chen. Examining the Relationship of Crude Oil Future Price Return and Agricultural Future Price Return in US. IJEEP [Internet]. 2016 Mar. 1;6(1):58-64. Available from: https://izlik.org/JA27WT63EP