This study investigates the economic effects of external oil and food price shocks in thecontext of selected Asia and … and Taiwan are highly affectedby international oil price shocks. Oil price shocks negatively affect industrial output … and New Zealand with diverse mineral resources other than oilare not affected by oil price shocks. Only exchange rates are …

demand from China and India, large mandated increases in ethanol production, droughts in some key agricultural producer … these price variables are, evidently, closely connected, it is not entirely clear how exogenous price shocks are transmitted … commodity prices in order to: (i) Investigate the transmission mechanism of the price shocks associated with the commodity boom …

in the international market may differ greatly depending on whether the increase is driven by demand or supply shocks in … attributed to shocks to aggregate demand for industrial commodities while none can be traced to oil supply shocks. This paper … the nascent empirical evidence, and identifies the transmission of different types of oil price shocks to movements in …

one gallon of ethanol can replace more than a gallon of gasoline. We also show that being a small country biofuelsproducer … ethanol replaces approximately 0.2-0.3 gallons of gasoline in the U.S. …Leakage in the fuel market differs, depending on whether ethanol production is determined by a tax credit or …

flows of biodiesel from the USA and Argentina and of ethanol from Brazil into the EU will increase accentuating the net …