A Review Study of Commodity Derivative Market with reference to Macroeconomic Determinants and Weather Conditions

Commodity Derivative Market, Macroeconomic Determinants and Weather Condition

Abstract

The present study aims to conduct a bibliometric analysis of the commodity derivative market from journals in the Scopus database from 2007 to 2024. The study uses bibliometrics, performance analysis, science mapping, content analysis, and text mining of 754 articles extracted from the Scopus database to discover the research gap and models for future research. The R-studio, VOS-viewer, and SDG mapper tools have been used to analyze the articles of the Scopus database. The result of the study states that the journal “Energy Economics” has the highest no. of Citation per publication (CPP) ratio, the Lippe D. has the prominent authors with the highest no. of documents in the commodity derivative market, and the United Nations has the highest no. of publications in the field of commodity derivative market. Based on TE plot and text mining techniques, the result also states Sustainable Risk Management Integration through the commodity derivative market that classifies the 17 SDGs into three categories: Fundamental Priorities (SDG 7, 13, and 2), Supportive Pillars (SDG 8, 12, 9, 15, 17, 4, 3) and Niche Concerns (SDG 6, 16, 11, 10, 1, 5, 14).