investigate whether the Law of One Price (LOP) holds for a certain primary commodity (coffee: Brazilian, Robusta and Other-Milds) that is traded in international markets
In the context of your project will have to investigate whether the Law of One Price (LOP) holds for a certain primary commodity (coffee) that is traded in international markets. This will be carried out using time series techniques and monthly data (January1990 to April 2015) from four quality differentiated coffee beans.
COFFEE BEANS INVESTIGATED:
Definitions of Coffee Beans as found in the International Coffee Organisation. For definition of the Coffee Beans above, please refer to:
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