This study shows the importance of soybean production in Brazilian economic development. Three blocks of data were studied: i) the soy production chain and added value; ii) regional production and human development indexes; and iii) international trade and food security. The study demystifies...

We study the impact of incomplete consumption risk-sharing on land misallocation in rural economies. We develop a general equilibrium model of land cultivation choices, where heterogeneous agricultural households face idiosyncratic output shocks and insure themselves by participating in a...

In this paper we investigate price and volatility risk originating in linkages between energy and agricultural commodity prices in Germany and study their dynamics over time. We propose an econometric approach to quantify the volatility and correlation risk structure, which has a large impact...