Huh, Hyeon-seung; Park, Cyn-Young - 2013
the regional shock plays a pivotal role in explaining the variations of domestic food prices, particularly at medium- to … long-term horizons. Contrary to conventional belief, the world food price shock contributes little to the dynamics of … world market. The short-run movements of domestic food prices are accounted for largely by the country's own shock. Taken …
