THE IMPACT OF PETROLEUM PRICES ON VEGETABLE OILS PRICES: EVIDENCE FROM COINTEGRATION TESTS
作者： Fatimah Mohamed Arshad , Amna Awad Abdel Hameed
关键词: Econometrics 、 Bivariate analysis 、 Financial economics 、 Product (business) 、 Cointegration 、 Economics 、 Crude oil 、 Petroleum
摘要: The prices of petroleum and vegetable oils appear to be moving in tandem, a trend which was not observed before. This study seeks investigate the long-term relationship between crude oil selected oils. To that end, bivariate co-integration approach using Engle-Granger two-stage estimation procedure applied. utilized monthly data over period January 1983 through March 2008. results provide strong evidence long-run two product prices.
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