000113209 001__ 113209
000113209 005__ 20180122215550.0
000113209 037__ $$a1812-2016-142866
000113209 037__ $$a1812-2016-145639
000113209 041__ $$aen
000113209 245__ $$aThe Empirical Analysis of the Dynamic Prices Relationship between Cotton Spot Market and Futures Market in Xinjiang
000113209 260__ $$c2011-02
000113209 269__ $$a2011-02
000113209 300__ $$a4
000113209 336__ $$aJournal Article
000113209 520__ $$aThe thesis analyzes the causal relationship between the cotton spot, and the tendency and impact of prices of futures markets in Xinjiang by using ADF test, co-integration analysis, Granger causality test and other econometric methods in order to discuss the interacted relationship between futures market prices of cotton and spot market prices since the futures of cotton in Xinjiang go public. The results of empirical analysis show that the spot market prices of cotton and the futures market prices in Xinjiang fluctuate prominently in the short run and tend to counterpoise in the long run; the futures market of cotton plays the role of leading the spot market prices of cotton in Xinjiang, while the spot market prices of cotton in Xinjiang impacts little on the futures market prices. The corresponding countermeasures are put forward. The government should continuously perfect the construction of the futures market of cotton in Xinjiang, so as to exert the function of price discovery and the function of hedging, and promote the development of cotton industry in Xinjiang.
000113209 542__ $$fLicense granted by Jianting  LIU (jiantinghong@126.com) on 2011-08-18T13:21:10Z (GMT):

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000113209 650__ $$aAgribusiness
000113209 6531_ $$aCotton Price
000113209 6531_ $$aSpot Market
000113209 6531_ $$aFutures Market
000113209 6531_ $$aGranger causality test
000113209 6531_ $$aChina
000113209 700__ $$aSun, Liang-bin
000113209 773__ $$d2011$$jVolume 03$$kIssue 02$$o104$$q101$$tAsian Agricultural Research
000113209 8564_ $$s250838$$uhttp://ageconsearch.umn.edu/record/113209/files/2-z.pdf
000113209 887__ $$ahttp://purl.umn.edu/113209
000113209 909CO $$ooai:ageconsearch.umn.edu:113209$$pGLOBAL_SET
000113209 912__ $$nSubmitted by Jianting  LIU (jiantinghong@126.com) on 2011-08-18T13:25:01Z
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  Previous issue date: 2011-02
000113209 982__ $$gAsian Agricultural Research> Volume 03, Issue 02, February 2011
000113209 980__ $$a1812