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我国玉米期货市场发现价格功能的实证分析 被引量:39

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摘要 本文利用协整检验、格兰杰因果检验以及Garbade—Silber模型等方法对我国玉米期货市场的发现价格功能进行了实证分析。结果表明:我国玉米期货价格与现货价格之间存在协整关系,期货价格具有良好的发现价格功能;仅存在从期货价格到现货价格的单向格兰杰引导关系,而现货价格对期货价格不具有格兰杰引导关系;玉米期货市场的发现价格功能中期货价格起着决定性的作用。
出处 《中国农村经济》 CSSCI 北大核心 2006年第6期52-57,71,共7页 Chinese Rural Economy
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