El Niño, La Niña, and a cup of Joe

Peter Sephton ()

Energy Economics, 2019, vol. 84, issue C

Abstract: El Niño and La Niña events have been shown to influence the prices of several varieties of coffee. This paper demonstrates that the coffee prices are threshold cointegrated around a non-linear attractor and that El Niño Southern Oscillation (ENSO) events play an important role in the process.

Keywords: El Niño Southern Oscillation; Coffee prices; Threshold cointegration; Multivariate adaptive regression splines (search for similar items in EconPapers)
JEL-codes: C32 Q11 Q54 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:84:y:2019:i:c:s0140988319302841

DOI: 10.1016/j.eneco.2019.104503

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