Addison, Tony; Ghoshray, Atanu - Agricultural Economics Society - AES - 2014
Commodity price shocks are an important type of external shock and are often cited as a problem for economic growth in … Sub-Saharan Africa. This paper quantifies the impact of agricultural commodity price shocks using a near vector … these price shocks is asymmetric. We find that there is evidence of such asymmetric responses to commodity price shocks. …