The sustainability of the interaction between Financial and commodity markets

Amedeo De Cesari, Maria Leone, Alberto Manelli and Roberta Pace

RIVISTA DI STUDI SULLA SOSTENIBILITA', 2018, vol. VIII, issue 2, 133-153

Abstract: In the last ten years, the price of raw materials showed wide fluctuation and an increase in volatility. The volatility in the agricultural commodity market has aroused greatest interest because the prices of food commodities influence the survival of the people. Different studies have led different conclusions about the causes of these fluctuations. Some, following the Masters hypothesis, indicate in the increase of the speculative activity the determinant of such fluctuations. Others, instead, are critically and reported the inconsistencies of Masters hypothesis. In the following article, we analyze the wheat market, the different hypothesis of that have been proposed to explain price fluctuation and, implementing a regression analysis, we prove the uses of basis by the buyer, reseller and merchandiser of grain to achieve a profitable margin or minimize risks.

Keywords: Speculazione; mercato delle commodities agricole; analisi di regres-sione; hedging. (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.francoangeli.it/riviste/Scheda_Rivista. ... 271&Tipo=ArticoloPDF (text/html)
Single articles can be downloaded buying download credits, for info: https://www.francoangeli.it/DownloadCredit

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fan:rissri:v:html10.3280/riss2018-002009

Ordering information: This journal article can be ordered from
http://www.francoang ... o.aspx?IDRivista=168

Access Statistics for this article

RIVISTA DI STUDI SULLA SOSTENIBILITA' is currently edited by FrancoAngeli

More articles in RIVISTA DI STUDI SULLA SOSTENIBILITA' from FrancoAngeli Editore
Bibliographic data for series maintained by Stefania Rosato ().