The food crisis. By the first half of 2008 agricultural commodity prices reached their highest levels in 30 years. Agricultural commodities are particularly sensitive to changes in demand or supply, making the welfare effects of changes large. Soaring food prices was on the political agenda world wide, and the world faced a situation that could augment the adverse effects of poverty. Several explanations of the serious situation were presented, however, the quantitative research within this field has been limited. This book provides insight in the price relationships between various agricultural commodities, on one hand, and energy prices on the other. Long run relationships, short run dynamics and structural breaks are examined with a time series econometric approach based on data from 1995 - 2008. This book provides a first-class platform for specification of structural models that can quantify the underlying reasons behind the new structure and linkages better than time series econometric methods. The analysis should add value for those trying to understand the development in the price formation of the agricultural commodity markets the last decade.
Product Identifiers
Publisher
Lap Lambert Academic Publishing
ISBN-13
9783838397214
eBay Product ID (ePID)
106632262
Product Key Features
Author
Ole Lislebo
Publication Name
Agricultural Commodities As Energy Carriers
Format
Paperback
Language
English
Subject
Business
Publication Year
2010
Type
Textbook
Number of Pages
124 Pages
Dimensions
Item Height
229mm
Item Width
152mm
Item Weight
191g
Additional Product Features
Title_Author
Ole Lislebo
Country/Region of Manufacture
Germany
Best Selling in Adult Learning & University
Current slide {CURRENT_SLIDE} of {TOTAL_SLIDES}- Best Selling in Adult Learning & University