... EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks. Speculatio... more ... EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks. Speculation, Hedging and Commodity Price Behaviour: An International Comparison. Walter C Labys and Harmon C Thomas. Applied Economics, 1975, vol. 7, issue 4, pages 287-301. ...
... An obvious area of macroeconomic impacts is the metal markets and here a variety of studies h... more ... An obvious area of macroeconomic impacts is the metal markets and here a variety of studies have taken place, ie see Adams and Joaquin (1988), Davutyan and Roberts (1991), ... industry. A study of French wine industry impacts was made by Mathis et.al. (1997). Such an ...
... Elliott, however, prefers estimating the equations in national currencies and then con-vertin... more ... Elliott, however, prefers estimating the equations in national currencies and then con-verting the ... Dominguez also has con-structed a general arbitrage incentive model for cocoa which measures ... He suggests a framework in which demand for these commodities is based on a ...
Http Dx Doi Org 10 1080 00220389008422151, Nov 23, 2007
Page 1. Portfolio Optimisation and the Design of Latin American Export Diversification Policies b... more Page 1. Portfolio Optimisation and the Design of Latin American Export Diversification Policies by Walter C. Labys and Montague J. Lord* This article applies portfolio optimisation analysis to assess the risk and return characteristics ...
While studies exist on the applications of the translog energy model in developed countries, litt... more While studies exist on the applications of the translog energy model in developed countries, little is known about its application in developing countries. To this end, this paper investigates the long-run sensitivities of energy demand to price changes, and the degree of interfactor and interfuel substitution in the Korean industrial sector. We also uniquely disaggregate the industrial sector into nine manufacturing and three non-manufacturing subsectors. Based on time-series data obtained from the Korea Institute of Energy and Resources, an energy demand model has been speciJied and estimatedaccording to the translogapproach. The conclusionsprovidefuturedirections for energy demand management policies in Korea.
Page 1. Division of Resource Management Working Paper RESMWP-04-03 TRENDS OR CYCLES IN GLOBAL WIN... more Page 1. Division of Resource Management Working Paper RESMWP-04-03 TRENDS OR CYCLES IN GLOBAL WINE EXPORT SHARES Walter C. Labys and Bruce C. Cohen Walter C. Labys Professor of Resource Economics ...
ABSTRACT: Traditionally, commodity prices have been analyzed and modeled in the context of linear... more ABSTRACT: Traditionally, commodity prices have been analyzed and modeled in the context of linear generating processes. The purpose of this paper is to address the adeguacy of this work through examination of the critical assumption of independence in the residual process of linearly specified models. As an alternative, a test procedure is developed and utilized to demonstrate the appropriateness of applying generalized conditional heteroscedastic time series models (GARCH) to commodity prices. In addition, ...
... EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks. Speculatio... more ... EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks. Speculation, Hedging and Commodity Price Behaviour: An International Comparison. Walter C Labys and Harmon C Thomas. Applied Economics, 1975, vol. 7, issue 4, pages 287-301. ...
... An obvious area of macroeconomic impacts is the metal markets and here a variety of studies h... more ... An obvious area of macroeconomic impacts is the metal markets and here a variety of studies have taken place, ie see Adams and Joaquin (1988), Davutyan and Roberts (1991), ... industry. A study of French wine industry impacts was made by Mathis et.al. (1997). Such an ...
... Elliott, however, prefers estimating the equations in national currencies and then con-vertin... more ... Elliott, however, prefers estimating the equations in national currencies and then con-verting the ... Dominguez also has con-structed a general arbitrage incentive model for cocoa which measures ... He suggests a framework in which demand for these commodities is based on a ...
Http Dx Doi Org 10 1080 00220389008422151, Nov 23, 2007
Page 1. Portfolio Optimisation and the Design of Latin American Export Diversification Policies b... more Page 1. Portfolio Optimisation and the Design of Latin American Export Diversification Policies by Walter C. Labys and Montague J. Lord* This article applies portfolio optimisation analysis to assess the risk and return characteristics ...
While studies exist on the applications of the translog energy model in developed countries, litt... more While studies exist on the applications of the translog energy model in developed countries, little is known about its application in developing countries. To this end, this paper investigates the long-run sensitivities of energy demand to price changes, and the degree of interfactor and interfuel substitution in the Korean industrial sector. We also uniquely disaggregate the industrial sector into nine manufacturing and three non-manufacturing subsectors. Based on time-series data obtained from the Korea Institute of Energy and Resources, an energy demand model has been speciJied and estimatedaccording to the translogapproach. The conclusionsprovidefuturedirections for energy demand management policies in Korea.
Page 1. Division of Resource Management Working Paper RESMWP-04-03 TRENDS OR CYCLES IN GLOBAL WIN... more Page 1. Division of Resource Management Working Paper RESMWP-04-03 TRENDS OR CYCLES IN GLOBAL WINE EXPORT SHARES Walter C. Labys and Bruce C. Cohen Walter C. Labys Professor of Resource Economics ...
ABSTRACT: Traditionally, commodity prices have been analyzed and modeled in the context of linear... more ABSTRACT: Traditionally, commodity prices have been analyzed and modeled in the context of linear generating processes. The purpose of this paper is to address the adeguacy of this work through examination of the critical assumption of independence in the residual process of linearly specified models. As an alternative, a test procedure is developed and utilized to demonstrate the appropriateness of applying generalized conditional heteroscedastic time series models (GARCH) to commodity prices. In addition, ...
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