Arbeitspapier
VECM Modelling of the Price Dynamics for Fuels, Agricultural Commodities and Biofuels
This paper investigates the dynamics of price transmission among ethanol a biodiesel related prices on the Brazilian, US and EU markets. The prices of commodities related to the biofuels are examined under the Johansen co-integration test followed by the Vector Error Correction Model over the period 2003-2020. The period was further divided into 4 periods, defined on the base of the dynamics of world food prices. Together we had 858 weekly observations mostly captured on Friday. In most cases, our result indicates a co-movement, the strength of which changes over periods. The price transmission revealed by our estimations was stronger for Brazilian sugarcane-based ethanol and European biodiesel than for US corn-based ethanol and related commodities.
- Sprache
-
Englisch
- Klassifikation
-
Wirtschaft
Alternative Energy Sources
Climate; Natural Disasters and Their Management; Global Warming
- Thema
-
biodiesel
ethanol
price transmission
fuel
food
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Janda, Karel
Kravec, Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
ZBW - Leibniz Information Centre for Economics
- (wo)
-
Kiel, Hamburg
- (wann)
-
2022
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Janda, Karel
- Kravec, Peter
- ZBW - Leibniz Information Centre for Economics
Entstanden
- 2022
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