Date of Award
12-2023
Degree Type
Doctoral Dissertation
Degree Name
Doctor of Business Administration (DBA)
Department
Jack Welch College of Business & Technology
Dissertation Supervisor
Dr. Khawaja Mamun
Committee Member
Dr. Carolyne Soper
Committee Member
Dr. Syed Osman
Abstract
This research examines the relationship between copper Prices and US Economy proxied by the Industrial Production Index. Copper's physical properties make it suitable for various industrial uses, making it an integrated element of the US economy. Industrial production is one of the leading indicators of gross domestic product, reflecting a country's overall economic performance. Therefore, as an essential input in industrial production, the direction of copper prices is important for the overall economy. We employed the Granger causality and ARDL models to evaluate the relationship between Global Copper Prices and Industrial Production. Using monthly time series data for global copper prices and the Industrial Production Index from January 1990 to June 2023, our findings indicate unidirectional causality from global copper prices to the Industrial Production Index, albeit at one lag.
Recommended Citation
Cole, P.. (2023). Relationship between US’ industrial production index and global copper prices. Jack Welch College of Business & Technology dissertation, Sacred Heart University, Fairfield CT. Retrieved from https://digitalcommons.sacredheart.edu/wcob_theses/39/
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Included in
Business Administration, Management, and Operations Commons, Corporate Finance Commons, Finance and Financial Management Commons
Comments
Submitted in partial fulfillment of the requirements for the degree of Doctor of Business Administration in Finance, Sacred Heart University, Jack Welch College of Business and Technology, Fairfield, Connecticut.
Dissertation Number DBA10/2023