채소가격지수의 개발 및 헤지효과성 분석

• 영문명: Development of Vegetable Price Index and Analysis of Hedging Effectiveness
• 발행기관: 한국농업경제학회
• 저자명: 김선웅(Sun-woong Kim) 윤병삼(Byung-sam Yoon)
• 간행물 정보: 『농업경제연구』52권 3호, 25~50쪽, 전체 26쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2011.09.30

영문 초록

The primary objective of the study is to develop a vegetable price index and determine its hedging effectiveness assuming it is traded on a futures exchange. Based on multiple index components and weighting schemes, 6 vegetable price indexes are constructed. The vegetable price index futures may be reasonably considered an effective hedging vehicle for Chinese cabbage and radish, offsetting more than half of the risk exposure respectively. Using various selection criteria such as proper weighting scheme, hedging effectiveness, and correlation with consumption, the vegetable price index which is composed of main Kimchi vegetable ingredients(CODEX standard)and weighted by national production amount is selected as the optimal one.

목차

Ⅰ. 서 론

Ⅱ. 분석방법

Ⅲ. 분석자료

Ⅳ. 분석결과

Ⅴ. 요약 및 결론

키워드

vegetable price index futures contract hedge ratio hedging effectiveness