Mathur, Kritika; Kaicker, Nidhi; Gaiha, Raghav; Imai, … - Research Institute for Economics and Business … - 2013
Recent literature points towards the role of speculators in exaggerating the rally in food prices, over and above that explained by the fundamentals of demand and supply. Some studies argue that futures market speculation can only be blamed for the increasing food prices if it is accompanied by...