Näytä suppeat kuvailutiedot

dc.contributor.authorDutta, Anupam
dc.contributor.authorBouri, Elie
dc.contributor.authorJunttila, Juha-Pekka
dc.contributor.authorUddin, Gazi Salah
dc.date.accessioned2018-09-03T10:16:45Z
dc.date.available2018-09-03T10:16:45Z
dc.date.issued2018
dc.identifier.citationDutta, A., Bouri, E., Junttila, J.-P., & Uddin, G. S. (2018). Does corn market uncertainty impact the US ethanol prices?. <i>Global Change Biology Bioenergy</i>, <i>10</i>(9), 683-693. <a href="https://doi.org/10.1111/gcbb.12527" target="_blank">https://doi.org/10.1111/gcbb.12527</a>
dc.identifier.otherCONVID_28068961
dc.identifier.otherTUTKAID_77723
dc.identifier.urihttps://jyx.jyu.fi/handle/123456789/59420
dc.description.abstractThe growing interest in biofuel as a green energy source has intensified the linkages between corn and ethanol markets, especially in the United States that represents the largest producing and exporting country for ethanol in the world. In this study, we examine the effect of corn market uncertainty on the price changes of US ethanol applying a set of GARCH-jump models. We find that the US ethanol price changes react positively to the corn market volatility shocks after controlling for the effect of oil price uncertainty. In addition, we document that the impact of corn price volatility on the US ethanol prices appears to be asymmetric. Specifically, only the positive corn market volatility shocks are found to influence the ethanol market returns. Our findings also suggest that time-varying jumps do exist in the ethanol market.fi
dc.format.mimetypeapplication/pdf
dc.language.isoeng
dc.publisherWiley-Blackwell Publishing Ltd.
dc.relation.ispartofseriesGlobal Change Biology Bioenergy
dc.rightsCC BY 4.0
dc.subject.othercorn price uncertainty
dc.subject.otherUS ethanol market
dc.subject.otheroil price volatility
dc.subject.otherGARCH–jump model
dc.subject.othervolatility shocks
dc.titleDoes corn market uncertainty impact the US ethanol prices?
dc.typearticle
dc.identifier.urnURN:NBN:fi:jyu-201808303979
dc.contributor.laitosKauppakorkeakoulufi
dc.contributor.laitosSchool of Business and Economicsen
dc.contributor.oppiaineBasic or discovery scholarshipfi
dc.contributor.oppiaineTaloustiedefi
dc.contributor.oppiaineBasic or discovery scholarshipen
dc.contributor.oppiaineEconomicsen
dc.type.urihttp://purl.org/eprint/type/JournalArticle
dc.date.updated2018-08-30T12:15:07Z
dc.type.coarhttp://purl.org/coar/resource_type/c_2df8fbb1
dc.description.reviewstatuspeerReviewed
dc.format.pagerange683-693
dc.relation.issn1757-1693
dc.relation.numberinseries9
dc.relation.volume10
dc.type.versionpublishedVersion
dc.rights.copyright© 2018 The Author. GCB Bioenergy Published by John Wiley & Sons Ltd.
dc.rights.accesslevelopenAccessfi
dc.subject.ysomaissi
dc.subject.ysoetanoli
dc.subject.ysoöljy
dc.subject.ysobiopolttoaineet
dc.subject.ysohinnat
dc.subject.ysohintakehitys
dc.subject.ysovolatiliteetti
dc.subject.ysoasymmetria
dc.format.contentfulltext
jyx.subject.urihttp://www.yso.fi/onto/yso/p4148
jyx.subject.urihttp://www.yso.fi/onto/yso/p10108
jyx.subject.urihttp://www.yso.fi/onto/yso/p5799
jyx.subject.urihttp://www.yso.fi/onto/yso/p3895
jyx.subject.urihttp://www.yso.fi/onto/yso/p750
jyx.subject.urihttp://www.yso.fi/onto/yso/p22236
jyx.subject.urihttp://www.yso.fi/onto/yso/p10771
jyx.subject.urihttp://www.yso.fi/onto/yso/p15023
dc.rights.urlhttps://creativecommons.org/licenses/by/4.0/
dc.rights.url
dc.relation.doi10.1111/gcbb.12527
dc.type.okmA1


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