Hedging against bunker price fluctuations using petroleum futures contracts: constant versus time-varying hedge ratios

Author: Alizadeh Amir H.   Kavussanos Manolis G.   Menachof David A.  

Publisher: Routledge Ltd

ISSN: 1466-4283

Source: Applied Economics, Vol.36, Iss.12, 2004-07, pp. : 1337-1353

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Abstract