Commodity Modeling and Pricing / Wiley Finance Editions (ePub)

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 Velayoudom 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

Peter Schaeffer is Professor of Economic Policy at West Virginia University and served as a director of the Division of Resource Management, which includes the Division of Agricultural and Resource Economics, from 1993 to 2006. He was a visiting professor of regional and environmental economics at the Swiss Federal Institute of Technology, Zurich, and a visiting scholar at the International Labour Organization in Geneva.

Dieses eBook können Sie uneingeschränkt auf allen Geräten der tolino Familie lesen. Zum Lesen auf sonstigen eReadern und am PC benötigen Sie eine Adobe ID.