Relationship between US and Brazilian ethanol prices: new evidence based on fractal regressions

被引：5
|
作者：
Quintino, Derick David [1 ]
Cantarinha, Ana [2 ,3 ,4 ]
Silveira Ferreira, Paulo Jorge [5 ,6 ,7 ]
机构：
[1] Univ Sao Paulo, Dept Econ Adm & Sociol, BR-13418900 Piracicaba, SP, Brazil
[2] Inst Politecn Beja, Beja, Portugal
[3] Univ Evora, CIMA Ctr Res Math & Its Applicat, Evora, Portugal
[4] NOVA Univ Lisbon, CMA Ctr Math & Applicat, NFCTNOVA, Lisbon, Portugal
[5] VALORIZA Res Ctr Endogenous Resource Valorizat, Portalegre, Portugal
[6] Inst Politecn Portalegre, Portalegre, Portugal
[7] Univ Evora, IIFA, CEFAGE UE, Evora, Portugal
来源：
BIOFUELS BIOPRODUCTS & BIOREFINING-BIOFPR | 2021年 / 15卷 / 05期
关键词：
detrended cross‐ correlation analysis; detrending moving‐ average cross‐ ethanol prices; fractal regressions; CROSS-CORRELATION; DEPENDENCE;
D O I：
10.1002/bbb.2192
中图分类号：
Q81 [生物工程学（生物技术）]; Q93 [微生物学];
学科分类号：
071005 ; 0836 ; 090102 ; 100705 ;
摘要：
Two different fractal regression methodologies were employed with the aim of understanding the relationship between prices of ethanol produced in the USA and Brazil, the most important producers of ethanol. These methodologies, which have the advantage of giving us information about the relationships between different timescales, could also provide interesting and important information about this particular market. Our results suggest, first, some differences in the basic price in these markets, and second, a positive relationship between prices (as expected) but not a one-to-one relationship. (c) 2021 Society of Chemical Industry and John Wiley & Sons, Ltd
引用
收藏
页码：1215 / 1220
页数：6
相关论文
共 50 条
  • [1] Assessing the relationship between closing prices and trading volume in the US livestock futures markets A quantile regressions methodology
    Panagiotou, Dimitrios
    Tseriki, Alkistis
    [J]. STUDIES IN ECONOMICS AND FINANCE, 2020, 37 (03) : 413 - 428
  • [2] The relationship between prices and output in the UK and the US
    Guglielmo Maria Caporale
    Gloria Claudio-Quiroga
    Luis Alberiko Gil-Alana
    [J]. SN Business & Economics, 2 (6):
  • [3] The relationship between oil prices and the Brazilian stock market
    Ferreira, Paulo
    Pereira, Eder
    Silva, Marcus
    [J]. PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS, 2020, 545
  • [4] The relationship between twitter and stock prices. Evidence from the US technology industry
    Teti, Emanuele
    Dallocchio, Maurizio
    Aniasi, Alberto
    [J]. TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, 2019, 149
  • [5] THE DYNAMIC RELATIONSHIP BETWEEN HOUSE PRICES AND OUTPUT: EVIDENCE FROM US METROPOLITAN AREAS
    Apergis, Nicholas
    Simo-Kengne, Beatrice D.
    Gupta, Rangan
    Chang, Tsangyao
    [J]. INTERNATIONAL JOURNAL OF STRATEGIC PROPERTY MANAGEMENT, 2015, 19 (04) : 336 - 345
  • [6] Preliminary evidence on relationships between agricultural commodities futures prices, spot prices and oil prices using reverse regressions
    Cartwright, Phillip A.
    Riabko, Natalija
    [J]. APPLIED ECONOMICS LETTERS, 2015, 22 (10) : 777 - 782
  • [7] The relationship between oil prices and US economy revisited
    Das, Debojyoti
    Bhatia, Vaneet
    Pillai, Jayarethanam
    Tiwari, Aviral Kumar
    [J]. ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY, 2018, 13 (01) : 37 - 45
  • [8] The daily relationship between US asset prices and stock prices of American countries
    Chin, Chang-Chiang
    Paphakin, Warinthorn
    [J]. NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE, 2021, 57
  • [9] Interdependencies between Biofuel, Fuel and Food Prices: The Case of the Brazilian Ethanol Market
    Bentivoglio, Deborah
    Finco, Adele
    Piedade Bacchi, Mirian Rumenos
    [J]. ENERGIES, 2016, 9 (06)
  • [10] The long-run relationship between stock prices and goods prices: New evidence from panel cointegration
    Gregoriou, Andros
    Kontonikas, Alexandros
    [J]. JOURNAL OF INTERNATIONAL FINANCIAL MARKETS INSTITUTIONS & MONEY, 2010, 20 (02): : 166 - 176
12345