Measuring the effect of oil prices on wheat futures prices (original) (raw)
2015, Research in International Business and Finance
AI-generated Abstract
This research investigates the relationship between oil prices and wheat futures prices, particularly focusing on the empirical validity of reverse regressions and the effects of temporal aggregation. The study highlights the interconnectedness of energy and agricultural markets, emphasizing the economic implications for regions heavily reliant on food imports, like the Middle East. Findings suggest that fluctuations in oil prices significantly influence wheat futures, with temporal aggregation impacting the accuracy of these estimations.
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