Cointegration analysis of the world’s sugar market: the existence of the long-term equilibrium

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F20%3A83612" target="_blank" >RIV/60460709:41110/20:83612 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.ekonomie-management.cz/en/archiv/search/detail/1990-cointegration-analysis-of-the-worlds-sugar-market-the-existence-of-the-long-term-equilibrium/" target="_blank" >http://www.ekonomie-management.cz/en/archiv/search/detail/1990-cointegration-analysis-of-the-worlds-sugar-market-the-existence-of-the-long-term-equilibrium/</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.15240/tul/001/2020-4-002" target="_blank" >10.15240/tul/001/2020-4-002</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Cointegration analysis of the world’s sugar market: the existence of the long-term equilibrium

Popis výsledku v původním jazyce

This paper addresses the issue of interconnection among major sugar markets and commodity and exchange stocks in different parts of the world using the Johansen cointegration approach and vector error correction model. Due to a high degree of sugar market fragmentation and corresponding diversity in price levels and its volatility in different regions, the results of our analysis sheds some light on the very fact of a single global sugar market existence and can be important not just with regard to producers and buyers of sugar but for the international investors as well, both in the light of risk governance and maximizing profitability. Using the evaluation of the extent of connection among regional sugar markets, one can assess potential benefits available to investors through international diversification between the analyzed markets. Our analysis has revealed the presence of mutual interaction among the selected sugar markets and commodity stock exchanges in individual regions and confirmed the l

Název v anglickém jazyce

Cointegration analysis of the world’s sugar market: the existence of the long-term equilibrium

Popis výsledku anglicky

This paper addresses the issue of interconnection among major sugar markets and commodity and exchange stocks in different parts of the world using the Johansen cointegration approach and vector error correction model. Due to a high degree of sugar market fragmentation and corresponding diversity in price levels and its volatility in different regions, the results of our analysis sheds some light on the very fact of a single global sugar market existence and can be important not just with regard to producers and buyers of sugar but for the international investors as well, both in the light of risk governance and maximizing profitability. Using the evaluation of the extent of connection among regional sugar markets, one can assess potential benefits available to investors through international diversification between the analyzed markets. Our analysis has revealed the presence of mutual interaction among the selected sugar markets and commodity stock exchanges in individual regions and confirmed the l

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2020

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

E+M Ekonomie a Management

ISSN

1212-3609

e-ISSN

2336-5064

Svazek periodika

23

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

16

Strana od-do

23-38

Kód UT WoS článku

000595819500002

EID výsledku v databázi Scopus

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