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This article investigates the connections between the prices of biofuels and many traded commodities and other relevant assets in Europe, USA and Brazil. The analysis uses a comprehensive dataset covering price data for 38 traded titles over the period 2003-2020. We utilize the minimum spanning...
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1. Introduction and Summary -- 2. How Trade Can Boost Food Security -- 3. The Long History of Food Globalization -- 4. The Evolution of Food Trade Patterns since 1960 -- 5. Market-Distorting Policies: Long-Run Trends and Short-Run Insulation -- 6. Estimating Trade, Welfare, and Poverty Effects...
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The approach taken in this report reflects the view of the collaborating international organizations that price volatility and its effects on food security is a complex issue with many dimensions, agricultural and non-agricultural, short and long-term, with highly differentiated impacts on...
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