We present a new framework to identify demand and supply elasticities of agricultural commodities using yield shocks … - deviations from a time trend of output per area, which are predominantly caused by weather fluctuations. Demand is identified … recycled as feed stock for livestock, the predicted price increase scales back to 20 percent. While commodity demand is …

's Longitudinal Business Database, we document that firms redistribute the employment impacts of local demand shocks across regions … sharp drop in consumer demand, leading to large employment losses in the non-tradable sector. Consistent with firms … local demand shocks in other counties linked through firms' internal networks. These results are not driven by direct demand …

's Longitudinal Business Database, we document that firms redistribute the employment impacts of local demand shocks across regions … sharp drop in consumer demand, leading to large employment losses in the non-tradable sector. Consistent with firms … local demand shocks in other counties linked through firms' internal networks. These results are not driven by direct demand …

We present a new framework to identify demand and supply elasticities of agricultural commodities using yield shocks … - deviations from a time trend of output per area, which are predominantly caused by weather fluctuations. Demand is identified … recycled as feed stock for livestock, the predicted price increase scales back to 20 percent. While commodity demand is …