Commodity Modeling and Pricing - Peter V Schaeffer

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Résumé :

Preface ix

Acknowledgments xi

Part One Dynamics of Commodity Price Behavior 1

Chapter 1 Indirect Inference and Long Memory: A New Truncated-Series Estimation Method-Armand Sadler, Jean-Baptiste Lesourd, and V?layoudom Marimoutou 3

Chapter 2 Procyclicality of Primary Commodity Prices: A Stylized Fact?- A. Behrooz Afrasiabi 30

Chapter 3 Nonlinear Features of Comovements between Commodity Prices and Inflation-Catherine Kyrtsou 52

Chapter 4 The Oil Price and the Dollar Reconsidered-Sadek Melhem and Michel Terraza 65

Part Two Inventory Dynamics and Price Behavior 77

Chapter 5 Time-Varying Ratios of Primary and Scrap Metal Prices: Importance of Inventories-Irene M. Xiarchos 79

Chapter 6 Metal Prices and the Supply of Storage-Paul Crompton and Irene M. Xiarchos 103

Chapter 7 Testing for Temporal Asymmetry in the Metal Price-Stock Relationship-Eugene Kouassi 118

Chapter 8 Do Fluctuations in Wine Stocks Affect Wine Prices?-James O. Bukenya 136

Part Three Dynamics of Resource Markets 167

Chapter 9 Dynamic Quadratic Programming in Process Control-Bruce A. Bancroft 169

Chapter 10 Pollution Taxes and Price Control in the US Coal Market: A Rent Minimization Model-Chin W. Yang and Ming-Jeng Hwang 176

Chapter 11 A Forecasting Simulation of Coal in Indonesia's Energy Future- Ukar W. Soelistijo 185

Chapter 12 Structural Decomposition Analysis of Changes in Material Demand in the U.S. Economy-Adam Rose and Chia-Yon Chen 195

Part Four Environmental Resource Dynamics 209

Chapter 13 Linking Trade and the Environment in China-Haixiao Huang 211

Chapter 14 Critical Needs in China's Water Resources-Andres Liebenthal 229

Chapter 15 Public Input in Rural Land Preservation: Modeling Preference Asymmetries in Stated Preference Data-Robert J. Johnston and Kelly Giraud Cullen 247

Chapter 16 African Women in Mining Partnerships-Brigitte Bocoum 267

Epilogue Conclusions and Perspective-Walter C. Labys 279

List of Contributors 289

Index 295