Research on the Dynamic Relationship among China’s Metal Futures, Spot Price and London's Futures Price
نویسندگان
چکیده
منابع مشابه
Research on the Dynamic Relationship among China’s Metal Futures, Spot price and London's Futures price
This paper studies the dynamic relationship among futures price, spot price of Shanghai metal and futures price of London with the co-integration theory, Granger causality tests, residue analysis, impulse responses function, and variance decomposition on the VECM. The study shows the three have the long equilibrium relationship: the copper futures price of Shanghai have internalities to the fut...
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ژورنال
عنوان ژورنال: International Journal of Business and Management
سال: 2009
ISSN: 1833-8119,1833-3850
DOI: 10.5539/ijbm.v3n5p50