{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/82954"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/82954","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Cross -Commodity Price Linkages: A Cointegration Analysis of Food Markets in Java","abstract":"Finally, this study has shown that cross-commodity price linkages do exist and it is not due to the influence of the urea price. In cointegrated markets, competitive profit-seeking activities of commodities arbitragers occur. The process of arbitrage keeps prices in different commodity markets in alignment and makes for positive price correlations among different products. For example, a supply-induced increase in the price of rice, (i.e. a rice plant disease), can lead to an increase in demand for corn and cassava and hence rises in their prices. It also induces a market intervention from the governments. In conclusion, the results from this cointegration analysis implies that government can provide a more favorable food price stabilization policy environment that promotes economic efficiency. Meanwhile, the government should also create conducive market structure for private sector initiatives.","abstract_html":"Finally, this study has shown that cross-commodity price linkages do exist and it is not due to the influence of the urea price. In cointegrated markets, competitive profit-seeking activities of commodities arbitragers occur. The process of arbitrage keeps prices in different commodity markets in alignment and makes for positive price correlations among different products. For example, a supply-induced increase in the price of rice, (i.e. a rice plant disease), can lead to an increase in demand for corn and cassava and hence rises in their prices. It also induces a market intervention from the governments. In conclusion, the results from this cointegration analysis implies that government can provide a more favorable food price stabilization policy environment that promotes economic efficiency. Meanwhile, the government should also create conducive market structure for private sector initiatives.","abstract_has_math":false,"creators":["Idris, Hedi Muhammad"],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ph.D.","degree_level":"Dissertation","degree_discipline":"Agricultural and Consumer Economics","degree_department":null,"school":null,"contributors":["Nelson, G.C."],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2015,"date_issued":"2015-09-25T20:55:30Z","date_published":"2015-09-25T20:55:30Z","updated_at":"2026-07-22T22:26:20Z","subjects":["Economics, Agricultural"],"languages":["eng"],"rights":[],"rights_urls":[],"identifier_entries":[{"key":"dc:identifier","label":"Identifier","values":["(MiAaPQ)AAI3044123"],"render_values":[{"text":"(MiAaPQ)AAI3044123","href":null,"code":true}]}]},"links":{"outbound_url":"http://hdl.handle.net/2142/82954","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Nelson, G.C."]},{"key":"dc:creator","label":"Author","values":["Idris, Hedi Muhammad"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2015-09-25T20:55:30Z","10000-01-01","2002"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Agricultural and Consumer Economics"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Dissertation"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Ph.D."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Economics, Agricultural"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["eng"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["http://hdl.handle.net/2142/82954","(MiAaPQ)AAI3044123"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["Finally, this study has shown that cross-commodity price linkages do exist and it is not due to the influence of the urea price. In cointegrated markets, competitive profit-seeking activities of commodities arbitragers occur. The process of arbitrage keeps prices in different commodity markets in alignment and makes for positive price correlations among different products. For example, a supply-induced increase in the price of rice, (i.e. a rice plant disease), can lead to an increase in demand for corn and cassava and hence rises in their prices. It also induces a market intervention from the governments. In conclusion, the results from this cointegration analysis implies that government can provide a more favorable food price stabilization policy environment that promotes economic efficiency. Meanwhile, the government should also create conducive market structure for private sector initiatives.","Made available in DSpace on 2015-09-25T20:55:30Z (GMT). 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In cointegrated markets, competitive profit-seeking activities of commodities arbitragers occur. The process of arbitrage keeps prices in different commodity markets in alignment and makes for positive price correlations among different products. For example, a supply-induced increase in the price of rice, (i.e. a rice plant disease), can lead to an increase in demand for corn and cassava and hence rises in their prices. It also induces a market intervention from the governments. In conclusion, the results from this cointegration analysis implies that government can provide a more favorable food price stabilization policy environment that promotes economic efficiency. Meanwhile, the government should also create conducive market structure for private sector initiatives.","Made available in DSpace on 2015-09-25T20:55:30Z (GMT). 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