@techreport{oai:ir.ide.go.jp:00037804,
 author = {Inoue, Takeshi and Hamori, Shigeyuki},
 month = {Oct},
 note = {application/pdf, IDP000370_001, This paper aims to examine the market efficiency of the commodity futures market in India, which has been growing phenomenally for the last few years. We estimate the long-run equilibrium relationship between the multi-commodity futures and spot prices and then test for market efficiency in a weak form sense by applying both the DOLS and the FMOLS methods. The entire sample period is from 2 January 2006 to 31 March 2011. The results indicate that a cointegrating relationship is found between these indices and that the commodity futures market seems to be efficient only during the more recent sub-sample period since July 2009.},
 title = {Market efficiency of commodity futures in India},
 year = {2012}
}