Connectedness Among Edible Oil and Oilseeds

Commodity Derivatives, Supervised by Prof. Prabina Rajib, 2023

  • Determined whether the connectedness between edible oil commodities acts as a hedge against economic policy uncertainties.
  • Examined the interconnectivity between edible oil markets through TVP-VAR using the Kalman Filter estimator.
  • Calculated Dynamic Total Connectedness, Net Directional Connectedness & Net-Pairwise Directional Connectedness.
  • The TCI shows a moderate level of connectedness with a value of 45.62%, with Soybean being the most dominant commodity and Rapeseed meal the least.