Reboredo, Juan C. - In: Energy Policy 49 (2012) C, pp. 456-467
This paper studies co-movements between world oil prices and global prices for corn, soybean and wheat using copulas … dependence between oil and food prices. These results support the neutrality of agricultural commodity markets to the effects of … changes in oil prices and non-contagion between the crude oil and agricultural markets. However, dependence increased …