The co-movement between cotton and polyester prices:
"The authors examine the price linkages among polyester (the dominant chemical fiber), cotton (the dominant natural fiber), and crude oil (the dominant energy commodity), based on monthly data between 1980 and 2002. The modeling framework incorporates several aspects of the unit root econometri...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, D.C]
World Bank
2005
|
Schriftenreihe: | Policy research working paper
3534 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | "The authors examine the price linkages among polyester (the dominant chemical fiber), cotton (the dominant natural fiber), and crude oil (the dominant energy commodity), based on monthly data between 1980 and 2002. The modeling framework incorporates several aspects of the unit root econometrics literature. They find that: a) There is strong co-movement between cotton and polyester prices, well above the co-movement observed between these two prices and prices of other primary commodities. b) Crude oil prices have a stronger effect on polyester prices compared with cotton prices. c) Price shocks originating in the polyester market are transmitted at much higher speed to the cotton market than vice-versa. "--World Bank web site |
Beschreibung: | Includes bibliographical references. - Title from PDF file as viewed on 4/7/2005 Erscheinungsjahr in Vorlageform:[2005] |
Beschreibung: | 1 Online-Ressource (29 Seiten) |
Internformat
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institution | BVB |
language | English |
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spellingShingle | Baffes, John The co-movement between cotton and polyester prices |
title | The co-movement between cotton and polyester prices |
title_auth | The co-movement between cotton and polyester prices |
title_exact_search | The co-movement between cotton and polyester prices |
title_full | The co-movement between cotton and polyester prices John Baffes, Gaston Gohou |
title_fullStr | The co-movement between cotton and polyester prices John Baffes, Gaston Gohou |
title_full_unstemmed | The co-movement between cotton and polyester prices John Baffes, Gaston Gohou |
title_short | The co-movement between cotton and polyester prices |
title_sort | the co movement between cotton and polyester prices |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3534 |
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