安徽农业科学2011，Vol.39Issue(32)：20088-20092,5.
不同区域间棉花期货价格发现功能对比分析——以新疆为例
Comparative Analysis of Discovery Function of Cotton Future Price among Different Regions-A Case Study of Xinjiang
李成友 1杨红 1刘春宇2
作者信息
- 1. 新疆农业大学经济与贸易学院,新疆乌鲁木齐830052
- 2. 新疆自治区发改委经济研究院市场与价格所,新疆乌鲁木齐830000
- 折叠
摘要
Abstract
Through comparative analysis, We research the relationship between cotton future price and cotton spot price in different regions, in order to formulate corresponding strategies in different regions under the new situation. We use ADF unit root test, E - G two - step co - integration test, Granger causality test, and other research methods in Eviews 5.0 statistical software, to empirically study the relationship between the cotton future price and cotton spot price in Xinjiang, the relationship between the cotton future price and cotton spot price in China. The results show that there is a long - term relationship between the cotton future price and cotton spot price in Xinjiang, between the cotton future price and cotton spot price in China; the cotton future price plays unidirectional role in guiding cotton spot price in Xinjiang and cotton spot price in China. The discovery function of cotton future price plays much greater role in the cotton market of China than in the cotton market of Xinjiang.关键词
棉花/期货价格/现货价格/实证检验Key words
Cotton/Future price/Spot price/Empirical test/China分类
管理科学引用本文复制引用
李成友,杨红,刘春宇..不同区域间棉花期货价格发现功能对比分析——以新疆为例[J].安徽农业科学,2011,39(32):20088-20092,5.
