Price relations in energy and agricultural markets: The case of Malaysian biodiesel and palm oil
This thesis analyses price relations in Malaysian energy and agricultural markets. In partic- ular interactions among prices for biodiesel, palm oil and crude oil were studied. The levels of the series are modeled by a standard vector autoregression set-up in combination with an impulse response analysis. A multivariate GARCH was utilized for identifying possible correlations among the volatilitie
