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changes and price volatility applied accordingly. The findings reveal that, although higher output prices serve as an … incentive to improve global crop supply as expected, output price volatility acts as a disincentive. Depending on the crop, the … results show that own-price supply elasticities range from about 0.05 to 0.40. Output price volatility, however, has negative …
Persistent link: https://www.econbiz.de/10014135846
This study examines the linkages between energy price and food prices over the period 2000-2016 by using a Panel-VAR model in the case of eight Asian economies, namely Bangladesh, the PRC, Indonesia, India, Japan, Sri Lanka, Thailand, and Viet Nam. Our results confirm that energy price (oil...
Persistent link: https://www.econbiz.de/10011811900
High and volatile food prices pose a significant policy challenge around the world, and an understanding of the … dynamics of food price inflation and volatility is essential in designing appropriate policy responses. Using the panel data … volatilities as well as the effects of various internal and external factors on domestic food price inflation and volatility. The …
Persistent link: https://www.econbiz.de/10013076407
response functions. On the world aggregated level we reveal that the crude petroleum price only Granger causes the price of …
Persistent link: https://www.econbiz.de/10009580156
Using the correlations of VAR forecast errors at different horizons, this paper analyses the dynamics of co-movements between crude oil and food prices. For each food price considered, the VAR model is estimated on two subsample periods: a pre-commodity boom (1990M1-2006M12) and a post-boom...
Persistent link: https://www.econbiz.de/10013004354
for coping with food production volatility. …
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