Carbonez, Katelijne A. E.; Nguyen, Van Thi Tuong; … - In: European Review of Agricultural Economics 39 (2012) 3, pp. 459-487
To explain convenience yield accruing to commodity inventory holders, time to maturity (TTM) and TIME to harvest should interact with current scarcity. Using weekly data for corn, wheat and soyabeans (1986–2009), the interaction (multiplicative) model performs better than traditional versions...