Template-Type: ReDIF-Article 1.0 
Author-Name: Olayemi O Adu
Author-Name:  Blessing O Idakwoji
Author-Email:  olawunmiadu01@gmail.com
Author-Workplace-Name:  Department of Accounting, University of Ibadan, Nigeria
Title: Commodity Market Efficiency - New Evidence From the Russia-Ukraine War
Abstract:  We re-evaluate the efficiency of selected commodity markets during the Russia-Ukraine crisis using the asymptotic normal variance ratio test. We find that there is a substantial difference in the commodity prices before and after the war’s commencement. We also show that the markets are weak-form inefficient before and after the invasion except for gasoline and oats which became efficient during the war. We highlight the investment implications of the findings.
Classification-JEL:  C14 ,G14 ,G15 ,H56
Keywords:  Commodity markets, Market efficiency, Russia-Ukraine crisis, Variance ratio test
Journal:  Energy RESEARCH LETTERS
Pages: 1-6
Volume: 5
Issue: 2
Year:  2024
DOI:  2024/07/10
File-URL:  https://erl.scholasticahq.com/api/v1/articles/90916-commodity-market-efficiency-new-evidence-from-the-russia-ukraine-war.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnerl:104