Qiu, Cheng; Colson, Gregory; Escalante, Cesar; … - In: Energy Economics 34 (2012) 6, pp. 2021-2028
A structural vector autoregression (SVAR) model along with a direct acyclic graph is employed to decompose how supply/demand structural shocks affect food and fuel markets. The results support the hypothesis that fundamental market forces of demand and supply are the main drivers of food price...