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U.S. retail food price increases in recent years may seem large in nominal terms, but after adjusting for inflation … in the real price of oil. That link, however, appears largely driven by common macroeconomic determinants of the prices … little to U.S. retail food price increases, because of the small cost share of agricultural products in food prices. There is …
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For the biofuel markets and related commodities, we study their price transmission, which is in fact equivalent to … studying price cross-elasticities. Importantly, we focus on the price dependence of the price transmission mechanism. Several …
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. Our analysis of mutual price connections discovers the major defining features of world leading biofuels markets during … 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 tree approach to identify price connections in a complex trading system …
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