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Globally Distributed Production and the Pricing of CME Commodity Futures
Authors:Nicolas Merener
Affiliation:Nicolas Merener is at Business School, Universidad Torcuato Di Tella, Argentina.I thank the Editor (Robert Webb), and an anonymous but very thoughtful referee whose comments greatly improved the paper. I also thank Cris Llerena for superb research assistance. I received helpful comments from Hildegart Ahumada, Leandro Arozamena, Juan Jose Cruces, Jose Martinez, Andy Neumeyer, Guido Sandleris, Nicholas Trachter, Gustavo Vulcano, attendees at BM&F Bovespa CGRCC 2011, and seminar participants at Renmin University, Tsinghua University, HEC Montreal, UC Berkeley, Concordia University, and the JP Morgan Commodities Center at UC Denver. All remaining errors are mine.
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