Cotton Price Risk Management across Different Countries

Cotton price relationships between major cotton producers and New York cotton December future price are investigated by the regression model, the VAR model and the error-correction model, the error-correction model generates the hedge ratios that display the largest value in size in most of the cases except Australia. The results indicate that the price relationships between US, China and Australia and New York Future market prices are much higher than the relationships between other cotton producers and New York Future market prices.


Issue Date:
Jan 16 2009
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/46762
Page range:
1-29
Total Pages:
29




 Record created 2017-04-01, last modified 2017-08-25

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