Philip Garcia

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics

Professor

1301 W. Gregory Drive

427 Mumford Hall

Urbana, IL 61801

United States

SCHOLARLY PAPERS

18

DOWNLOADS
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in Total Papers Downloads

1,503

CITATIONS
Rank 19,350

SSRN RANKINGS

Top 19,350

in Total Papers Citations

16

Scholarly Papers (18)

1.

Hedging Behavior in Small and Medium-sized Enterprises: The Role of Unobserved Heterogeneity

Number of pages: 53 Posted: 24 May 2003
Joost M. E. Pennings and Philip Garcia
Maastricht University and University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics
Downloads 266 (88,092)
Citation 9

Abstract:

Derivatives Usage, Hedging Behavior, Unobserved Heterogeneity

2.

Returns to Traders and Existences of a Risk Premium of a Risk Premium in Agricultural Futures Markets

Number of pages: 57 Posted: 26 May 2011
Nicole Aulerich, Scott H. Irwin and Philip Garcia
Commodity Futures Trading Commission (CFTC), University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics
Downloads 231 (104,681)
Citation 1

Abstract:

commodities, futures markets, risk premium, commodity index traders

3.

Towards a Theory of Revealed Economic Behavior: The Economic-Neurosciences Interface

Journal of Bioeconomics, Forthcoming
Number of pages: 23 Posted: 04 Jan 2005
Maastricht University, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and Wageningen UR - School of Social Sciences
Downloads 212 (117,477)
Citation 1

Abstract:

revealed behavior, economics, neurosciences, synthesis, decision-making model

4.

The Poverty Challenge: How Individual Decision-Making Behavior Influences Poverty

Economics Letters, 2005
Number of pages: 9 Posted: 03 Feb 2005
Joost M. E. Pennings and Philip Garcia
Maastricht University and University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics
Downloads 210 (115,328)

Abstract:

Poverty, Decision Making Behavior, Research Approach

5.

Futures Market Failure?

Number of pages: 40 Posted: 28 Oct 2011
Philip Garcia, Scott H. Irwin and Aaron Smith
University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and University of California, Davis - Department of Agricultural and Resource Economics
Downloads 178 (121,361)

Abstract:

finance, agriculture, commodity futures, delivery, grain, storage, present value, asset pricing

6.

Poor Convergence Performance of CBOT Corn, Soybean and Wheat Futures Contracts: Causes and Solutions

Marketing and Outlook Research Report 2009-02
Number of pages: 35 Posted: 15 Oct 2009
University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and affiliation not provided to SSRN
Downloads 121 (153,495)
Citation 3

Abstract:

corn, soybeans, wheat, CBOT, delivery, convergence

7.

The Forecasting Value of New Crop Futures: A Decision-Making Framework

University of Illinois, Office for Futures and Options Research Working Paper No. 98-05
Number of pages: 22 Posted: 28 Sep 1998
Southern Illinois University at Carbondale - Agribusiness Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and University of Illinois @ Urbana-Champaign
Downloads 104 (207,128)

Abstract:

8.

Measuring Producer Welfare under Output Price Uncertainty and Risk Non-Neutrality

Australian Journal of Agricultural and Resource Economics, Vol. 49, No. 1, pp. 1-21, March 2005
Number of pages: 21 Posted: 24 May 2005
David S. Bullock, Philip Garcia and Kie-Yup Shin
University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and National Agricultural Cooperative Federation (NACF)
Downloads 32 (384,839)
Citation 1

Abstract:

9.

Bubbles, Food Prices, and Speculation: Evidence from the Cftc's Daily Large Trader Data Files

NBER Working Paper No. w19065
Number of pages: 63 Posted: 24 May 2013
Nicole Aulerich, Scott H. Irwin and Philip Garcia
Commodity Futures Trading Commission (CFTC), University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics
Downloads 1 (511,513)
Citation 1

Abstract:

10.

Non-Convergence in Domestic Commodity Futures Markets: Causes, Consequences, and Remedies

USDA-ERS Economic Information Bulletin No. 115
Number of pages: 33 Posted: 24 Oct 2015
U.S. Department of Agriculture (USDA) - Economic Research Service (ERS), University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and University of California, Davis - Departments of Economics and Agricultural Resource Economics
Downloads 0 (352,445)

Abstract:

commodity futures, index funds, grains, non-convergence, price discovery

11.

The Term Structure of Implied Forward Volatility: Recovery and Informational Content in the Corn Options Market

American Journal of Agricultural Economics, Vol. 89, No. 1, pp. 1-11, February 2007
Posted: 07 Feb 2007
Oregon State University - Department of Agricultural and Resource Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics

Abstract:

12.

Hedging Behavior in Small and Medium-sized Enterprises: The Role of Unobserved Heterogeneity

Journal of Banking & Finance, Forthcoming
Posted: 24 May 2003
Joost M. E. Pennings and Philip Garcia
Maastricht University and University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics

Abstract:

Derivatives Usage, Hedging Behavior, Unobserved Heterogeneity

13.

New Evidence on the Value of Public Information in Commodity Markets

OFOR Working Paper Number 94-04
Posted: 29 Oct 2000
University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics, University of Illinois @ Urbana-Champaign and Western Michigan University

Abstract:

14.

The Returns and Forecasting Ability of Large Traders in the Frozen Pork Bellies Futures Market

JOURNAL OF BUSINESS, Vol 67 No 3, July 1994
Posted: 03 May 2000
Raymond M. Leuthold, Philip Garcia and Richard Lu
University of Illinois @ Urbana-Champaign, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and Feng Chia University

Abstract:

15.

The Demise of the High Fructose Corn Syrup Contract: A Case Study

OFOR Working Paper No. 94-06
Posted: 15 Sep 1999
Sarahelen Thompson, Philip Garcia and Lynne Dallafior
Purdue University - Department of Agricultural Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and affiliation not provided to SSRN

Abstract:

16.

Price Linkages in Selected Agricultural Industrial, Financial and Foreign Exchange Futures Markets Using Daily Data

OFOR Working Paper 94-10
Posted: 13 Sep 1999
Lincoln Investment Management, Inc., University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and University of Illinois @ Urbana-Champaign

Abstract:

17.

Ex Ante Basis Risk in the Live Hog Futures Contract: Has Hedgers' Risk Increased?

OFOR Working Paper No. 94-11
Posted: 01 Sep 1999
Philip Garcia and Dwight R. Sanders
University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and Southern Illinois University at Carbondale - Agribusiness Economics

Abstract:

Estimation of Time-Varying Hedge Ratios for Corn and Soybeans: BGARCH and Random Coefficient Approaches

Sankhya, Series B, 1998
Posted: 10 Aug 1999
Anil K. Bera, Philip Garcia and Jae-Sun Roh
University of Illinois at Urbana-Champaign - Department of Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and Seoul National University - Department of Agricultural Economics

Abstract:

Estimation of Time-Varying Hedge Ratios for Corn and Soybeans: BGARCH and Random Coefficient Approaches

Working Paper #98-0100
Posted: 02 Jun 1998
Anil K. Bera, Philip Garcia and Jae-Sun Roh
University of Illinois at Urbana-Champaign - Department of Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and Seoul National University - Department of Agricultural Economics

Abstract: