Co-Integration in the Oil and Gold Prices
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F09%3A%230000355" target="_blank" >RIV/47813059:19520/09:#0000355 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Co-Integration in the Oil and Gold Prices
Original language description
The main aim of this article to compare the development of gold prices and oil prices during 40 years, which means during the period between 1968 and 2009. With respect to obtained results, both time series are non-stationary of degree one. With respectto Engle-Granger test the two variables have a long run equilibrium relationship. Moreover, the Granger causality test reveals that in long-term, the change in prices of gold influences the change in prices of oil, while the change in prices of oil doesnot influence the future change in prices of gold.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2009
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Acta academica karviniensia
ISSN
1212-415X
e-ISSN
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Volume of the periodical
2009
Issue of the periodical within the volume
2
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
8
Pages from-to
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UT code for WoS article
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EID of the result in the Scopus database
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