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This paper analyzes the transmission from global commodity to domestic food prices for a large set of countries. First, a theoretical model is developed to explain price transmission for different trade regimes. Drawing from the competitive storage model under rational expectations, it is shown...
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Recently, modeling and forecasting of high-frequency data (such as daily price) volatility using GARCH-MIDAS attract … the attention of many researchers. Thus, the objective of this study is to model the average daily coffee price volatility … at level. From the result of estimated model, all selected indicators are crucial in explaining price volatility …
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