Wang, H. Holly; Ke, Bingfan - In: Australian Journal of Agricultural and Resource Economics 49 (2005) 2, pp. 125-141
The efficiency of the Chinese wheat and soybean futures markets is studied. Formal statistical tests were conducted based on Johansen's cointegration approach for three different cash markets and six different futures forecasting horizons ranging from 1 week to 4 months. The results suggest a...
