Citation
Abdel Hameed, Amna Awad and Mohamed Arshad, Fatimah
(2009)
The impact of petroleum prices on vegetable oils prices: evidence from co-integration tests.
Oil Palm Industry Economic Journal, 9 (2).
pp. 31-40.
ISSN 1675-0632
Abstract
The prices of petroleum and vegetable oils appear to be moving in tandem, a trend which was not observed before. This study seeks to investigate the long-term relationship between the prices of crude oil and selected vegetable oils. To that end, the bivariate co-integration approach using the Engle-Granger two-stage estimation procedure was applied. The study utilized monthly data over the period of January 1983 through March 2008. The results provide strong evidence of a long-run relationship between the two product prices.
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Additional Metadata
| Item Type: | Article |
|---|---|
| Divisions: | Institute of Agricultural and Food Policy Studies |
| Publisher: | Malaysian Palm Oil Board |
| Keywords: | Vegetable oil prices; Petroleum prices; Relationship |
| Depositing User: | Nurul Ainie Mokhtar |
| Date Deposited: | 11 Oct 2016 02:54 |
| Last Modified: | 11 Oct 2016 02:54 |
| URI: | http://psasir.upm.edu.my/id/eprint/35181 |
| Statistic Details: | View Download Statistic |
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