The impact of petroleum prices on vegetable oils prices: evidence from co-integration tests
The prices of petroleum and vegetable oils appear to be moving in tandem, a trend which was not observed before. This study seeks to investigate the long-term relationship between the prices of crude oil and selected vegetable oils. To that end, the bivariate co-integration approach using the Engle-...
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| Format: | Article |
| Language: | English |
| Published: |
Malaysian Palm Oil Board
2009
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| Online Access: | http://psasir.upm.edu.my/id/eprint/35181/1/The%20impact%20of%20petroleum%20prices%20on%20vegetable%20oils%20prices%20evidence%20from%20co-integration%20tests.pdf |
| _version_ | 1796972655693266944 |
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| author | Abdel Hameed, Amna Awad Mohamed Arshad, Fatimah |
| author_facet | Abdel Hameed, Amna Awad Mohamed Arshad, Fatimah |
| author_sort | Abdel Hameed, Amna Awad |
| collection | UPM |
| description | The prices of petroleum and vegetable oils appear to be moving in tandem, a trend which was not observed before. This study seeks to investigate the long-term relationship between the prices of crude oil and selected vegetable oils. To that end, the bivariate co-integration approach using the Engle-Granger two-stage estimation procedure was applied. The study utilized monthly data over the period of January 1983 through March 2008. The results provide strong evidence of a long-run relationship between the two product prices. |
| first_indexed | 2024-03-06T08:31:33Z |
| format | Article |
| id | upm.eprints-35181 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:31:33Z |
| publishDate | 2009 |
| publisher | Malaysian Palm Oil Board |
| record_format | dspace |
| spelling | upm.eprints-351812016-10-11T02:54:40Z http://psasir.upm.edu.my/id/eprint/35181/ The impact of petroleum prices on vegetable oils prices: evidence from co-integration tests Abdel Hameed, Amna Awad Mohamed Arshad, Fatimah The prices of petroleum and vegetable oils appear to be moving in tandem, a trend which was not observed before. This study seeks to investigate the long-term relationship between the prices of crude oil and selected vegetable oils. To that end, the bivariate co-integration approach using the Engle-Granger two-stage estimation procedure was applied. The study utilized monthly data over the period of January 1983 through March 2008. The results provide strong evidence of a long-run relationship between the two product prices. Malaysian Palm Oil Board 2009 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/35181/1/The%20impact%20of%20petroleum%20prices%20on%20vegetable%20oils%20prices%20evidence%20from%20co-integration%20tests.pdf Abdel Hameed, Amna Awad and Mohamed Arshad, Fatimah (2009) The impact of petroleum prices on vegetable oils prices: evidence from co-integration tests. Oil Palm Industry Economic Journal, 9 (2). pp. 31-40. ISSN 1675-0632 http://palmoilis.mpob.gov.my/index.php/opiej?start=40#abstract |
| spellingShingle | Abdel Hameed, Amna Awad Mohamed Arshad, Fatimah The impact of petroleum prices on vegetable oils prices: evidence from co-integration tests |
| title | The impact of petroleum prices on vegetable oils prices: evidence from co-integration tests |
| title_full | The impact of petroleum prices on vegetable oils prices: evidence from co-integration tests |
| title_fullStr | The impact of petroleum prices on vegetable oils prices: evidence from co-integration tests |
| title_full_unstemmed | The impact of petroleum prices on vegetable oils prices: evidence from co-integration tests |
| title_short | The impact of petroleum prices on vegetable oils prices: evidence from co-integration tests |
| title_sort | impact of petroleum prices on vegetable oils prices evidence from co integration tests |
| url | http://psasir.upm.edu.my/id/eprint/35181/1/The%20impact%20of%20petroleum%20prices%20on%20vegetable%20oils%20prices%20evidence%20from%20co-integration%20tests.pdf |
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