Abstract
Bubble is not a new phenomenon and has been existing since 16th century when the first bubble named TulipMania was detected in February 1637. It is basically dependent on the Herd Behaviour and the cognitive biasness as it involves public money which lays down the basis of the financial hurricane. This study is basically conducted for the commodity market to detect the price bubble in BRICS countries and also to establish a relationship between Bubble Testing and Gini coefficient are dependent on it in a very short span of. It becomes very important for the investors to identify deviation which is not natural and the prices of the asset movement time. This study extends Ghosh, Bikramaditya study in 2016 in Indian context on CNX-Nifty using advanced form of Augmented Dickey Fuller i.e. ADF, SADF and GSADF, and then extended by Jain, Kartik in 2016 in Indian Banking sector on S&P BSE Bankex using ADF and SADF test. This study on crude oil production in BRICS countries will also throw an interesting aspect of establishing relationship between Bubbles testing and Gini coefficient.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
