Table 4 Average connectedness between U.S. and Chinese soybean volatilities.
US soybean | Chinese soybean | FROM | |
|---|---|---|---|
US soybean | 99.2 | 0.8 | 0.8 |
Chinese soybean | 3.1 | 96.9 | 3.1 |
Contribution TO others | 3.1 | 0.8 | 3.9 |
NET directional connectedness | 2.2 | −2.2 | TCI |
NPDC transmitter | 0.0 | 1.0 | 2.0 |
