Bayesian Estimation and Selection of Nonlinear Vector Error Correction Models: The Case of the Sugar-Ethanol-Oil Nexus in Brazil
By K. Balcombe, G. Rapsomanikis. 2008
188 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/42a2ad2791595141e64c460fb44bc54011a18e6e
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Franziska Schulz
- Teresa Serra
- Brenda López Cabrera
- David Zilberman
- P. Jones
- Seong‐Min Yoon
- Sang Hoon Kang
- Aviral Kumar Tiwari
In Renewable Energy, Sustainability and the Environment
- Brenda López Cabrera
- Franziska Schulz
- Teresa Serra
- Claudiu Tiberiu Albulescu
- David Zilberman
- Subrata Kumar Mitra
- W. Enders
- Sang Hoon Kang
Citations in the corpus
- Biofuel-related price transmission literature: A review (2013, background): “Rapsomanikis and Hallam (2006) and Balcombe and Rapsomanikis (2008) use ethanol, sugar and crude oil prices to investigate the Brazilian ethanol industry.”
- Grain prices, oil prices, and multiple smooth breaks in a VAR (2016, background): “1 = 10 + 111 + 12 + 111−1 + 122−1 + 1 (7) 2 = 20 + 222 + 21 + 211−1 + 222−1 + 2 (8)”
- Exploring the time-frequency connectedness and network among crude oil and agriculture commodities V1 (2019, result): “Our findings confirm the results reported by (Balcombe and Rapsomanikis, 2008; Natanelov et al., 2013; Pal and Mitra, 2017), stating that the oil prices and the prices of energy-based crops exhibits strong co-movements.”
- Volatility Spillovers between Food and Energy Markets, A Semiparametric Approach (2011, background): “Several research papers have attempted to characterize the nature of this event from an economic point of view by assessing, among other topics, the effects of the ethanol industry on economic welfare (Babcock, 2008), agricultural land allocation and values (Henderson and Gloy, 2009), and agricultur”
- Price volatility in ethanol markets (2011, background): “While a few studies have econometrically assessed average price relationships within the Brazilian and North American ethanol industries (Balcombe and Rapsomanikis 2008, Serra et al. 2008), no previous published paper addresses the transmission of volatility within this industry.”
- THE ROLE OF BIOFUELS IN FOOD COMMODITY PRICES VOLATILITY AND LAND USE (2017, background): “In another study, Balcombe and Rapsomanikis (2008) highlighted the close link between oil and sugar prices in Brazil, followed by adjusted sugar and ethanol prices after oil price impacts are nonlinear. Cereals and vegetable oil prices reach faster their equilibrium with oil prices than sugar prices”
- Volatility linkages between energy and agricultural commodity prices (2016, methodology): “Balcombe and Rapsomanikis (2008) investigate non-linear adjustment towards long-run equilibrium between crude oil, ethanol and sugar in Brazil using bayesian techniques. They nd a long run equilibrium between each price pair. Further, their analysis reveals a causal hierarchy from oil to sugar to et”
- Time-frequency contained co-movement of crude oil and world food prices: A wavelet-based analysis (2017, background): “Similarly, Balcombe and Rapsomanikis (2008) confirmed asymmetric price transmission from crude oil to sugar in Brazil by using a nonlinear vector error correctionmodel.”