Nonlinearities in the U.S. corn-ethanol-oil-gasoline price system
作者： Teresa Serra , David Zilberman , José M. Gil , Barry K. Goodwin
DOI: 10.1111/J.1574-0862.2010.00464.X
关键词:
摘要: We use a smooth transition vector error correction model to assess price relationships within the U.S. ethanol industry. Monthly ethanol, corn, oil, and gasoline prices from 1990 2008 are used in analysis. Results indicate existence of long-run among analyzed. Strong links between energy food identified.
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