Matches in SemOpenAlex for { <https://semopenalex.org/work/W2034143732> ?p ?o ?g. }
Showing items 1 to 59 of
59
with 100 items per page.
- W2034143732 endingPage "112" @default.
- W2034143732 startingPage "109" @default.
- W2034143732 abstract "Abstract In their recent article, Tilton et al. (2011, Resour. Policy, 36, 187–195) contend on the basis of conceptual and theoretical arguments that spot and futures prices for metals and other commodities should be closely correlated during periods of strong contango and much less correlated during periods of backwardation or weak contango. If true, this hypothesis implies that speculation and investor demand, most of which takes place on futures markets, should affect spot prices much less or not at all during periods of backwardation or weak contango. This study provides an empirical test of this hypothesis using daily changes in LME average copper prices over the 1994–2011 period. It finds that the correlation coefficients between day-to-day changes in spot and futures prices are quite close to 1 during periods of strong contango. During periods of backwardation and weak contango, the correlations are positive but lower. These findings provide empirical support for the hypothesis advanced by Tilton et al. that investor demand on futures markets affects spot and futures prices similarly when the markets are in strong contango but somewhat less so when they are in weak contango or backwardation." @default.
- W2034143732 created "2016-06-24" @default.
- W2034143732 creator A5036574039 @default.
- W2034143732 creator A5067576645 @default.
- W2034143732 date "2014-09-01" @default.
- W2034143732 modified "2023-09-27" @default.
- W2034143732 title "The relationship between spot and futures prices: An empirical analysis" @default.
- W2034143732 cites W1979621791 @default.
- W2034143732 cites W2014336561 @default.
- W2034143732 cites W2020170758 @default.
- W2034143732 cites W2122429612 @default.
- W2034143732 cites W2781180997 @default.
- W2034143732 doi "https://doi.org/10.1016/j.resourpol.2014.03.005" @default.
- W2034143732 hasPublicationYear "2014" @default.
- W2034143732 type Work @default.
- W2034143732 sameAs 2034143732 @default.
- W2034143732 citedByCount "23" @default.
- W2034143732 countsByYear W20341437322015 @default.
- W2034143732 countsByYear W20341437322016 @default.
- W2034143732 countsByYear W20341437322017 @default.
- W2034143732 countsByYear W20341437322018 @default.
- W2034143732 countsByYear W20341437322019 @default.
- W2034143732 countsByYear W20341437322020 @default.
- W2034143732 countsByYear W20341437322021 @default.
- W2034143732 countsByYear W20341437322022 @default.
- W2034143732 countsByYear W20341437322023 @default.
- W2034143732 crossrefType "journal-article" @default.
- W2034143732 hasAuthorship W2034143732A5036574039 @default.
- W2034143732 hasAuthorship W2034143732A5067576645 @default.
- W2034143732 hasConcept C106159729 @default.
- W2034143732 hasConcept C106306483 @default.
- W2034143732 hasConcept C149782125 @default.
- W2034143732 hasConcept C162324750 @default.
- W2034143732 hasConcept C175223733 @default.
- W2034143732 hasConceptScore W2034143732C106159729 @default.
- W2034143732 hasConceptScore W2034143732C106306483 @default.
- W2034143732 hasConceptScore W2034143732C149782125 @default.
- W2034143732 hasConceptScore W2034143732C162324750 @default.
- W2034143732 hasConceptScore W2034143732C175223733 @default.
- W2034143732 hasLocation W20341437321 @default.
- W2034143732 hasOpenAccess W2034143732 @default.
- W2034143732 hasPrimaryLocation W20341437321 @default.
- W2034143732 hasRelatedWork W110114397 @default.
- W2034143732 hasRelatedWork W119431508 @default.
- W2034143732 hasRelatedWork W178296090 @default.
- W2034143732 hasRelatedWork W1980305280 @default.
- W2034143732 hasRelatedWork W2088464970 @default.
- W2034143732 hasRelatedWork W2273243534 @default.
- W2034143732 hasRelatedWork W2725352988 @default.
- W2034143732 hasRelatedWork W2957653072 @default.
- W2034143732 hasRelatedWork W3123437043 @default.
- W2034143732 hasRelatedWork W586078172 @default.
- W2034143732 hasVolume "41" @default.
- W2034143732 isParatext "false" @default.
- W2034143732 isRetracted "false" @default.
- W2034143732 magId "2034143732" @default.
- W2034143732 workType "article" @default.