Chang, Chia-Lin; Chen, Li-Hsueh; Hammoudeh, Shawkat; … - 2010
This paper examines the long- and short-run asymmetric adjustments for nine pairs of spot and futures prices, itemized … potentially hedging the spot prices of agricultural commodities with ethanol futures contracts, which sends an important message …-run asymmetric adjustments for individual prices in the nine pairs (with exception of the corn own pair underscore the importance of …