Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/230161 
Erscheinungsjahr: 
2020
Quellenangabe: 
[Journal:] Journal of Futures Markets [ISSN:] 1096-9934 [Volume:] 40 [Issue:] 9 [Publisher:] Wiley [Place:] Hoboken, NJ [Year:] 2020 [Pages:] 1354-1374
Verlag: 
Wiley, Hoboken, NJ
Zusammenfassung: 
In addition to being the world's greatest consumer and producer of industrial metals, China now also features the most actively traded industrial metal futures contracts worldwide. To examine China's role in the global price formation process of industrial metal futures markets, we use a sample of 29 futures contracts traded on exchanges in the United States, the United Kingdom, India, and China. We estimate vector autoregressive models and conduct variance decompositions, which are then visualized in the form of networks. The results indicate that China, despite its role as key actor in both real and financial industrial metal markets, is a price taker.
Schlagwörter: 
China
commodity markets
industrial metals
networks
price leadership
Persistent Identifier der Erstveröffentlichung: 
Creative-Commons-Lizenz: 
cc-by Logo
Dokumentart: 
Article
Dokumentversion: 
Published Version

Datei(en):
Datei
Größe
2.72 MB





Publikationen in EconStor sind urheberrechtlich geschützt.