In this article, we study the impact of an institutional intervention on market efficiency in Ethiopia. More specifically, we study whether regional warehouses that are connected to a national commodity exchange reduce transaction cost and price dispersion between regions. In order to identify...

United States and India represent trade partners with strong demand for Brazilian food or interesting potential for future business. Here the objective was to verify the importance and potential in USA and Indian markets for Brazilian agricultural exports. Results based on identifying products...

It is renowned the importance of trade balance for maintaining macroeconomic equilibrium. So, the objective of the study was to identify main products in Brazilian agricultural exports from 1989 to 2012 and, secondly, to describe the identified products and formulate questions for future...

The mean goal of the study was to map food products that are constant or regular in Brazilian imports during 1989-2012 periods. Analyzing Brazilian agricultural imports face to Brazilian total imports it is possible to observe a decreasing cost of food imports in terms of Brazilian imports....

Actually, Brazil shows expertise in production, internal supply and exports of an extended variety of agricultural products and their processed products. At the same time, several studies expose Brazil's competitive capacity in those products, and a projected increase in world demands for foods,...

This is the first paper that econometrically estimates the impact of rising Bioenergy production on global CO2 emissions. We apply a structural vector autoregression (SVAR) approach to time series from 1961 to 2009 with annual observation for the world biofuel production and global CO2...

Several studies have focused on estimating the supply response of farmers in Sub Saharan Africa.This literature has used a variety of approaches and has generally concluded that price elasticities of supply were low or very low. However, only a few analyses have gone beyond estimating the...

This paper examines the level of interdependence and volatility transmission in global agricultural futures markets. We follow a multivariate GARCH approach to explore the dynamics and cross-dynamics of volatility across major exchanges of corn, wheat, and soybeans between the United States,...

In the late 80's and early 90's Mexico eliminated minimum price policies of main agricultural commodities and substituted those policies by government operated contract markets. Contracts can help smooth price variations and facilitate risk-sharing but their impact on price levels is uncertain....

In this paper we examine the effects of media coverage of commodity prices increases and decreases on the price of the commodity and how media coverage in other commodities affects prices. We provide evidence of the relationship between media coverage and its intensity to the price level of...