Citation

Solarin, Sakiru Adebola and Claudio Quiroga, Gloria and Gil-Alana, Luis Alberiko (2025) Persistence of International Renewable Commodity Prices: Accounting for the Impact of the COVID-19 Pandemic and Russia–Ukraine War. The International Trade Journal. pp. 1-19. ISSN 0885-3908

Text Persistence of International Renewable Commodity Prices_ Accounting for the Impact of the COVID-19 Pandemic and Russia–Ukraine War_ The International Trade Journal_ Vol 0, No 0 - Get Access.pdf - Published Version Restricted to Repository staff only Download (497kB)

Abstract

In this article, we examine the statistical properties of 15 international renewable commodity prices by looking at the degree of persistence from January 1960 to March 2023. Moreover, we also explored if the incidence of the COVID-19 pandemic or Russia–Ukraine war caused a change in persistence or mean reversion of renewable commodity prices. The results suggest that all series are highly persistent, and evidence of mean reversion and transitory shocks are only obtained in some cases for bananas and tea. The COVID-19 pandemic or Russia–Ukraine war has not significantly affected the persistence of the series.

Item Type:	Article
Uncontrolled Keywords:	Commodity prices
Subjects:	H Social Sciences > HG Finance > HG4501-6051 Investment, capital formation, speculation
Divisions:	Faculty of Business (FOB)
Depositing User:	Ms Rosnani Abd Wahab
Date Deposited:	06 Oct 2025 02:44
Last Modified:	06 Oct 2025 04:23
URII:	http://shdl.mmu.edu.my/id/eprint/14677

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