Nazlioglu, Saban; Soytas, Ugur - In: Energy Economics 33 (2011) 3, pp. 488-496
Oil prices are thought to have direct effect on agricultural prices followed by an indirect effect through the exchange … rate. This paper examines the short- and long-run interdependence between world oil prices, lira-dollar exchange rate, and … individual agricultural commodity prices (wheat, maize, cotton, soybeans, and sunflower) in Turkey. To this end, the Toda …