Over the past 20 years, there has been a large inflow of investment capital into commodity futures markets—the fnancialization of commodities. This chapter analyses the behavior of commodity futures contract returns before and since financialization of the markets.
|Title of host publication||Modern Agricultural and Resource Economics and Policy|
|Subtitle of host publication||Essays in Honor of Gordon Rausser|
|Editors||Harry de Gorter, Jill McCluskey, Johan Swinnen, David Zilberman|
|Number of pages||24|
|Publication status||Print publication - 20 Aug 2022|