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Wool Price Variability in the Long run

Author

Listed:
  • Peter Bardsley

    (School of Economics, La Trobe University)

  • Nilss Olekalns

    (School of Economics, La Trobe University)

Abstract

In this paper time series properties of the price of wool are examined in order to access the importance of non-linear storage behaviour in generating the data.

Suggested Citation

  • Peter Bardsley & Nilss Olekalns, 1996. "Wool Price Variability in the Long run," Working Papers 1996.02, School of Economics, La Trobe University.
    • Handle: RePEc:trb:wpaper:1996.02
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    References listed on IDEAS

    as
    1. John Y. Campbell & Pierre Perron, 1991. "Pitfalls and Opportunities: What Macroeconomists Should Know about Unit Roots," NBER Chapters, in: NBER Macroeconomics Annual 1991, Volume 6, pages 141-220, National Bureau of Economic Research, Inc.
    2. Bardsley, Peter, 1994. "The Collapse of the Australian Wool Reserve Price Scheme," Economic Journal, Royal Economic Society, vol. 104(426), pages 1087-1105, September.
    3. Angus Deaton & Guy Laroque, 1992. "On the Behaviour of Commodity Prices," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(1), pages 1-23.
    4. Cuddington, John T & Urzua, Carlos M, 1989. "Trends and Cycles in the Net Barter Terms of Trade: A New Approach," Economic Journal, Royal Economic Society, vol. 99(396), pages 426-442, June.
    5. Black, Fischer, 1976. "The pricing of commodity contracts," Journal of Financial Economics, Elsevier, vol. 3(1-2), pages 167-179.
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    Cited by:

    1. Kingwell, Ross, 2000. "Price Risk Management for Australian Broad acre Farmers: some observations," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 8, pages 1-12, June.
    2. Nolan, Elizabeth & Farrell, Terence & Ryan, Madeleine & Gibbon, Candice & Ahmadi-Esfahani, Fredoun Z., 2014. "Valuing quality attributes of Australian merino wool," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 58(3), July.

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    More about this item

    Keywords

    Time Series; Commodity Prices;

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