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Agricultural price shocks and business cycles a global warning for advanced economies

De Winne, Jasmien; Peersman, Gert - 2018

For a panel of 75 countries, we find that increases in global agricultural commodity prices that are caused by … agriculture in GDP or lower shares of non-agricultural trade in GDP; that is, characteristics that typically apply to low …

Persistent link: https://www.econbiz.de/10011846251

Agricultural Price Shocks and Business Cycles - A Global Warning for Advanced Economies

De Winne, Jasmien - 2018

Persistent link: https://www.econbiz.de/10012915574

Income Versus Prices : How Does the Business Cycle Affect Food (In)-Security?

Bogmans, Christian; Pescatori, Andreas; Prifti, Ervin - 2022

We study how two aspects of food insecurity - caloric insufficiency and diet composition - are affected by aggregate economic fluctuations. The use of cross-country panel data allows us to adopt a global prospective on the identification of the macroeconomic determinants of food insecurity....

Persistent link: https://www.econbiz.de/10013306746

Russian agri-food sector : 16 months after the breakdown of the monetary system

Poganietz, Witold-Roger - 2000

In August 1998 the Russian foreign exchange market and financial system collapsed. As a consequence the rouble devaluated in real terms against the currencies of the main trade partners, generating an output push in the agri-food sector. This improved the financial health of most producer, thus...

Persistent link: https://www.econbiz.de/10009757210

Recessions, the energy mix and environmental policy

Deb, Pragyan; Furceri, Davide; Ostry, Jonathan David; … - 2023

How do severe recessions, such as those brought about by the Global Financial Crisis or the COVID-19 pandemic, affect the composition of energy generation between green and dirty sources? Does creative destruction during recessions result in a sustained greening of the energy mix? The empirical...

Persistent link: https://www.econbiz.de/10014466810

Business Cycle during Structural Change : Arthur Lewis' Theory from a Neoclassical Perspective

Storesletten, Kjetil - 2019

agriculture declines while labor productivity increases in agriculture more than in other sectors. We construct a uniﬁed theory of … decline and modernization of agriculture. As capital accumulates, agriculture becomes increasingly capital intensive as modern … agriculture crowds out traditional agriculture. Structural change accelerates in booms and slows down in recessions. We estimate …

Persistent link: https://www.econbiz.de/10012863612