Relationships among prices of rubber in ASEAN: Bayesian structural VAR model

Relationships among prices of rubber in ASEAN: Bayesian structural VAR model

© 2016 by the Mathematical Association of Thailand. All rights reserved. International rubber markets are seen to be volatile due to the high competitiveness between major rubber export markets. This paper analyses the causal impact price transmission among ASEAN over the period of 2008 to 2015. The...

Full description

Saved in:
Bibliographic Details
Main Authors: N. Kaewsompong, S. Sriboonchitta, P. Maneejuk, W. Yamaka
Format: Journal
Published: 2018
Subjects:
Mathematics
Online Access:https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85008395787&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/55957
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Chiang Mai University
id th-cmuir.6653943832-55957
record_format dspace
spelling th-cmuir.6653943832-559572018-09-05T03:06:35Z Relationships among prices of rubber in ASEAN: Bayesian structural VAR model N. Kaewsompong S. Sriboonchitta P. Maneejuk W. Yamaka Mathematics © 2016 by the Mathematical Association of Thailand. All rights reserved. International rubber markets are seen to be volatile due to the high competitiveness between major rubber export markets. This paper analyses the causal impact price transmission among ASEAN over the period of 2008 to 2015. The Bayesian structural VAR model is conducted to analyse relationship among rubber export price for top four rubber producing in ASEAN. We considered the varying sets of hyper-parameters to obtain the best fit model. The results reveal that Indonesia and Thailand have more efficiency when it comes to adjustment of their rubber prices than Malaysia and Vietnam. 2018-09-05T03:06:35Z 2018-09-05T03:06:35Z 2016-01-01 Journal 16860209 2-s2.0-85008395787 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85008395787&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/55957
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
topic Mathematics
spellingShingle Mathematics
N. Kaewsompong
S. Sriboonchitta
P. Maneejuk
W. Yamaka
Relationships among prices of rubber in ASEAN: Bayesian structural VAR model
description © 2016 by the Mathematical Association of Thailand. All rights reserved. International rubber markets are seen to be volatile due to the high competitiveness between major rubber export markets. This paper analyses the causal impact price transmission among ASEAN over the period of 2008 to 2015. The Bayesian structural VAR model is conducted to analyse relationship among rubber export price for top four rubber producing in ASEAN. We considered the varying sets of hyper-parameters to obtain the best fit model. The results reveal that Indonesia and Thailand have more efficiency when it comes to adjustment of their rubber prices than Malaysia and Vietnam.
format Journal
author N. Kaewsompong
S. Sriboonchitta
P. Maneejuk
W. Yamaka
author_facet N. Kaewsompong
S. Sriboonchitta
P. Maneejuk
W. Yamaka
author_sort N. Kaewsompong
title Relationships among prices of rubber in ASEAN: Bayesian structural VAR model
title_short Relationships among prices of rubber in ASEAN: Bayesian structural VAR model
title_full Relationships among prices of rubber in ASEAN: Bayesian structural VAR model
title_fullStr Relationships among prices of rubber in ASEAN: Bayesian structural VAR model
title_full_unstemmed Relationships among prices of rubber in ASEAN: Bayesian structural VAR model
title_sort relationships among prices of rubber in asean: bayesian structural var model
publishDate 2018
url https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85008395787&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/55957
_version_ 1681424602254802944

Similar Items