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

19

DOWNLOADS
Rank 38,535

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Top 38,535

in Total Papers Downloads

2,417

SSRN CITATIONS
Rank 29,072

SSRN RANKINGS

Top 29,072

in Total Papers Citations

16

CROSSREF CITATIONS

22

Scholarly Papers (19)

1.

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, 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 367 (150,490)
Citation 14

Abstract:

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corn, soybeans, wheat, CBOT, delivery, convergence

2.

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 360 (153,716)
Citation 3

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Derivatives Usage, Hedging Behavior, Unobserved Heterogeneity

3.

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 and University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics
Downloads 316 (176,842)

Abstract:

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commodities, futures markets, risk premium, commodity index traders

4.

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 and University of California, Davis - Department of Agricultural and Resource Economics
Downloads 315 (177,412)
Citation 7

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

5.

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

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 244 (230,200)

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Poverty, Decision Making Behavior, Research Approach

6.

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

Number of pages: 23 Posted: 04 Jan 2005
Maastricht University, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and Wageningen University and Research (WUR) - School of Social Sciences
Downloads 235 (238,708)

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

7.

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
University of Georgia - Department of Agricultural & Applied Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign and University of California, Davis - Departments of Economics and Agricultural Resource Economics
Downloads 219 (255,283)
Citation 12

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

8.

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 - Agribusiness Economics, University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics and University of Illinois @ Urbana-Champaign
Downloads 133 (392,054)
Citation 1

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9.

How Much Would You Pay to Resolve Volatility Risk in Agricultural Commodity Markets?

Number of pages: 37 Posted: 25 Apr 2019
Lei Yan and Philip Garcia
Yale University and University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics
Downloads 92 (510,977)

Abstract:

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volatility risk, commodity options, straddle, term structure

10.

GMO Contamination-Price Effects in the U.S. Corn Market: StarLink and MIR162

Number of pages: 36 Posted: 06 Dec 2017
Xue (Selina) Han and Philip Garcia
University of Illinois and University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics
Downloads 86 (532,954)

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corn, sorghum, cointegration, GMO

11.

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 Last Revised: 04 Feb 2023
Nicole Aulerich, Scott H. Irwin and Philip Garcia
Commodity Futures Trading Commission (CFTC), University of Illinois at Urbana-Champaign and University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics
Downloads 50 (706,516)
Citation 5

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12.

Portfolio Investment: Are Commodities Useful?

Journal of Commodity Markets (2017), 8:43-55. DOI: 10.1016/j.jcomm.2017.10.002
Posted: 26 Apr 2019
Lei Yan and Philip Garcia
Yale University and University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics

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Commodity Index; Estimation Error; Portfolio Diversification

13.

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

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:

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Derivatives Usage, Hedging Behavior, Unobserved Heterogeneity

14.

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, University of Illinois @ Urbana-Champaign and Western Michigan University

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15.

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

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

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16.

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

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17.

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

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18.

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 - Agribusiness Economics

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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

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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

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