Evidence map›Paper›PMID 35885088›Full record

ArticleEntropy (Basel, Switzerland)2022

Multiscale Price Lead-Lag Relationship between Steel Materials and Industry Chain Products Based on Network Analysis.

Sui Guo, Ze Wang, Xing Zhou, Yanan Wang

Abstract read
In one paragraph

Article in Entropy (Basel, Switzerland), 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

0numbers the graph read from it
0cells of the map it votes in
0citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

0 citing papers in PubMed.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

4 authors.

Sui GuoSchool of Business, Jiangsu Normal University, Xuzhou 221116, China.
Ze WangInternational Academic Center of Complex Systems, Beijing Normal University at Zhuhai, Zhuhai 519087, China.ORCID 0000-0003-2764-5434
Xing ZhouSchool of Business, Jiangsu Normal University, Xuzhou 221116, China.
Yanan WangFinancial Office, Jiangsu Normal University, Xuzhou 221116, China.

Funding

China Postdoctoral Science Foundation 2020M680435Jiangsu Normal University 20XFRX011
6 · The paper itself

Abstract

As two main steelmaking materials, iron ore and scrap steel have different price lead-lag relationships (PLRs) on midstream and downstream steel products in China. The relationships also differ as the time scale varies. In this study, we compare the price influences of two important steel materials on midstream and downstream steel products at different time scales. First, we utilize the maximal overlap discrete wavelet transform (MODWT) method to decompose the original steel materials and products price series into short-term, midterm, and long-term time scale series. Then, we introduce the cross-correlation and Podobnik test method to calculate and test the price lead-lag relationships (PLRs) between two steel materials and 16 steel products. Finally, we construct 12 price lead-lag relationship networks and choose network indicators to present the price influence of the two materials at different time scales. We find that first, most scrap steel and steel products prices fluctuate at the same time lag order, while iron ore leads most steel products price for one day. Second, products that exist in the downstream industry chain usually lead to iron ore. Third, as the time scale becomes longer, the lead relationships from steel materials to steel products become closer.

Indexed as

complex networkcross-correlation methodmultiscale analysisprice lead-lag relationshipsteel industry chain

Identifiers

PMID35885088
PMCPMC9319814

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LicenceCC BY
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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.