Optimal hedging decisions for Taiwanese corn traders on the way to liberalisation

dc.creatorLiu, Kang Ernest
dc.creatorGeaun, Jerome
dc.creatorLei, Li-Fen
dc.date2017-04-01T15:09:43Z
dc.date.accessioned2026-07-09T08:13:27Z
dc.descriptionThis paper examines the impacts of exchange rate risk on Taiwanese traders' decisions to hedge corn imports on US futures markets. The results yield the conclusion that, in the absence of a market that provides proper tools to hedge against exchange rate risk, the Taiwanese economy is incurring an observable social loss. Thus, further liberalisation is essential. Taiwan's experiences can serve as an example for developing countries, as the world economy is becoming increasingly integrated. © 2001 Elsevier Science B.V. All rights reserved.
dc.identifierdoi:10.22004/ag.econ.177189
dc.identifierhttps://ageconsearch.umn.edu/record/177189/files/agec2001v025i002-003a018.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/177189
dc.identifier.urihttp://hdl.handle.net/123456789/596818
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/177189
dc.titleOptimal hedging decisions for Taiwanese corn traders on the way to liberalisation
dc.typeText

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