RT Report
T1 Modelling the Effects of Oil Prices on Global Fertilizer Prices and Volatility
A1 Chen, Ping-Yu
A1 Chang, Chia-Lin
A1 Chen, Chi-Chung
A1 McAleer, Michael
AB The main purpose of this paper is to evaluate the effect of crude oil price on global fertilizer prices in both the mean and volatility. The endogenous structural breakpointunit root test, ARDL model, and alternative volatility models, including GARCH, EGARCH, and GJR models, are used to investigate the relationship between crude oil price and six global fertilizer prices. The empirical results from ARDL show that most fertilizer prices are significantly affected by the crude oil price while the volatility ofglobal fertilizer prices and crude oil price from March to December 2008 are higher than in other periods.
YR 2013
FD 2013-01
LK https://hdl.handle.net/20.500.14352/41454
UL https://hdl.handle.net/20.500.14352/41454
LA eng
NO JEL: Q14, C22, C58.The authors wish to acknowledge the financial support of the National Science Council, Taiwan. The fourth author is also grateful for the financial support of the Australian Research Council and the Japan Society for the Promotion of Science.
DS Docta Complutense
RD 10 abr 2025