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-MGARCH model estimation uses data from January 2010 to May 2023. Results show that over time, short-term deviations move towards … mutual influence. The volatility pass-through between wheat, sunflower oil, and corn shows asymmetric transmission. Long … volatility can be reduced through domestic production expansion through comprehensive policies enhancing rural area development …
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Commodity price shocks are an important type of external shock and are often cited as a problem for economic growth in Sub-Saharan Africa. We choose nine Sub Saharan African countries that are heavily dependent on a single agricultural commodity for a significant portion of their income. This...
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Commodity price shocks are an important type of external shock and are often cited as a problem for economic growth in sub-Saharan Africa. This paper quantifies the impact of agricultural commodity price shocks using a near vector autoregressive model. The novel aspect of this model is that we...
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Model -- 4. The Storage Transmission Mechanism - Modelling the Effects of Overshooting Commodity Futures Prices on Spot …
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