Purpose The authors explore the hypothesis that some movements in commodity prices are anticipated (news shocks) and … commodity prices lead to higher output, investment and consumption, and a countercyclical movement in the trade … commodity prices. Originality/value This paper contributes to the knowledge of the sources of fluctuations in emerging economies …

This paper examines factors that affect the transmission of fluctuations in global agricultural commodity prices to …

, such as a drop in commodity prices, an expansion of public spending, an increase in the risk premium, a hike in the …

exogenous oil supply shocks have a delayed and significant positive impact on global agricultural commodity prices. Moreover …, the significant positive effect of the unfavorable exogenous oil supply shock on global agricultural commodity prices is … affects global agricultural commodity prices partly through the biofuel production channel. These findings are very important …

-energy commodities prices. An increase in the global money supply for energy commodity prices results mostly in demand-pull inflation …. However, for non-energy commodity prices, an increase in global money supply results in demand-pull inflation and cost …-energy commodity prices. We also find heterogeneous responses for both energy and non-energy commodities across regimes …