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The instability of commodity prices and the hypothesis that speculative behaviour was one of its causes has brought renewed interest in futures markets. In this paper, the hedging effectiveness of European and US wheat futures markets were studied to test whether they were affected by the high...
Persistent link: https://www.econbiz.de/10011125207
are based on observed volatility. To measure the volatility, the annual time-series of the CoCo database were analysed … negative impacts of price volatility on farm incomes. This study contributes to this discussion by estimating a share of 17 … systematic sensitivity analysis in order to explore the impact of input cost volatility fully on the model outcomes. …
Persistent link: https://www.econbiz.de/10010879309
with new challenges. This paper focuses on the impacts of increased price volatility on the grain market. Furthermore, it … describes and evaluates government interventions attempting to reduce this volatility. At the same time, it describes and … assesses private management methods of dealing with price volatility. In this article, we provide an opportunity to understand …
Persistent link: https://www.econbiz.de/10010879317
of volatility in the period from July 2004 to April 2011 and to examine how sensitive the results can be to spatial … found considerable differences when comparing various price volatility measures calculated for the analyzed countries …
Persistent link: https://www.econbiz.de/10010910887
instruments to manage food price volatility. Many developing countries recently pursued price regulation policies, but the … policy to lower food price volatility does not depend on the nature of the policy instrument only, but also on the … be key factor influencing the degree of price volatility. Applied to trade policies, this consistency is defined by the …
Persistent link: https://www.econbiz.de/10010910893
Volatility of farm income represents a major challenge for farm management and the design of public policies. This … reduce crop income volatility in France and in Italy. We use an original dataset of 9,555 farms for the period 2003 …-2007 drawn up from the Farm Accountancy Data Network (FADN) and three different econometric models to explain the volatility of …
Persistent link: https://www.econbiz.de/10010910901
volatility. Below a threshold value, imports and volatility are not related, but beyond the threshold it is volatility the …
Persistent link: https://www.econbiz.de/10010910907
In this contribution, the development of price volatility on German agricultural markets is analyzed. We quantify the … degree of price volatility for selected German agricultural markets and determine how it evolves over time and search for … policy driven structural changes in volatility levels measured by the historical volatility. Based on annualised historical …
Persistent link: https://www.econbiz.de/10010910908
The present paper attempts to find empirical evidence on volatility in the grain sector (wheat, corn and soybean). The … first challenge is to measure volatility. Intra-year volatility, inter-year volatility in level and return, also conditional … volatility are defined and then calculated. The second challenge is to determine which factors impact volatility. The results …
Persistent link: https://www.econbiz.de/10010910916
substantial increases in market price volatility has resulted in increased price volatility at farm level. The increased price … volatility at market and farm level has been well documented; however the volatility of farm inputs has received little attention …
Persistent link: https://www.econbiz.de/10010910917