Pricing and Causality Among Selected Fats and Oils
This paper studies the nature of price relationships among selected prices of five fats and oils (palm oil, soybean, coconut, fish oils and tallow) to provide empirical evidence as to the competitive structure of the fats and oils market. The fats and oils market is highly competitive and price is...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English |
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Universiti Putra Malaysia Press
1993
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| Online Access: | http://psasir.upm.edu.my/id/eprint/2963/ http://psasir.upm.edu.my/id/eprint/2963/1/Pricing_and_Causality_Among_Selected_Fats_and_Oils.pdf |
| _version_ | 1848839394545369088 |
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| author | Mohd. Arshad, Fatimah Lubis, A. Rahman A. Ghaffar, Roslan |
| author_facet | Mohd. Arshad, Fatimah Lubis, A. Rahman A. Ghaffar, Roslan |
| author_sort | Mohd. Arshad, Fatimah |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This paper studies the nature of price relationships among selected prices of five fats and oils (palm oil,
soybean, coconut, fish oils and tallow) to provide empirical evidence as to the competitive structure of the
fats and oils market. The fats and oils market is highly competitive and price is shown to be simultaneously
discovered by the market with minimum lags and distortions. Statistical causality models developed by
Granger, Sims and Haugh-Pierce were used to examine this hypothesis. Inferences are made as to the
applicability of the models in understanding the nature of the market. |
| first_indexed | 2025-11-15T07:10:45Z |
| format | Article |
| id | upm-2963 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-15T07:10:45Z |
| publishDate | 1993 |
| publisher | Universiti Putra Malaysia Press |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-29632013-05-27T07:04:45Z http://psasir.upm.edu.my/id/eprint/2963/ Pricing and Causality Among Selected Fats and Oils Mohd. Arshad, Fatimah Lubis, A. Rahman A. Ghaffar, Roslan This paper studies the nature of price relationships among selected prices of five fats and oils (palm oil, soybean, coconut, fish oils and tallow) to provide empirical evidence as to the competitive structure of the fats and oils market. The fats and oils market is highly competitive and price is shown to be simultaneously discovered by the market with minimum lags and distortions. Statistical causality models developed by Granger, Sims and Haugh-Pierce were used to examine this hypothesis. Inferences are made as to the applicability of the models in understanding the nature of the market. Universiti Putra Malaysia Press 1993 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/2963/1/Pricing_and_Causality_Among_Selected_Fats_and_Oils.pdf Mohd. Arshad, Fatimah and Lubis, A. Rahman and A. Ghaffar, Roslan (1993) Pricing and Causality Among Selected Fats and Oils. Pertanika Journal of Social Sciences & Humanities, 1 (2). pp. 133-142. ISSN 0128-7702 English |
| spellingShingle | Mohd. Arshad, Fatimah Lubis, A. Rahman A. Ghaffar, Roslan Pricing and Causality Among Selected Fats and Oils |
| title | Pricing and Causality Among Selected Fats and Oils |
| title_full | Pricing and Causality Among Selected Fats and Oils |
| title_fullStr | Pricing and Causality Among Selected Fats and Oils |
| title_full_unstemmed | Pricing and Causality Among Selected Fats and Oils |
| title_short | Pricing and Causality Among Selected Fats and Oils |
| title_sort | pricing and causality among selected fats and oils |
| url | http://psasir.upm.edu.my/id/eprint/2963/ http://psasir.upm.edu.my/id/eprint/2963/1/Pricing_and_Causality_Among_Selected_Fats_and_Oils.pdf |