Data/hora: 13/06/2024 08:18:27

Provedor de dados: 	31	
País: 	United States	
Título: 	Considering Macroeconomic Indicators in the Food versus Fuel Issues	
Autores: 	Qiu,   Cheng; Colson,   Gregory; Wetzstein,   Michael E.	
Data: 	2011-05-03	
Ano: 	2011	
Palavras-chave: 	Food; Fuel; Food Consumption/Nutrition/Food Safety; Resource /Energy Economics and Policy.	
Resumo: 	In this study, a Structural Vector Autoregression model (SVAR) is employed to decompose how supply/demand structural shocks affect food and fuel prices within fuel and corn markets. Results indicate that the relative importance of each structural shock in explaining the variation of corn prices is different. Our findings support the hypothesis that corn prices increase as a response to those positive demand shocks in the short run, while in the long run, global competitive agricultural commodities markets as well as positive supply shocks respond to commodity price shocks, restoring prices to its long-run trends. In conclusion, fundamental market forces of demand and supply as well as real economic aggregated demand shocks were the main contributors of the 2007-2008 food price spike.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/103689	
Relação: 	Agricultural and Applied Economics Association&gt;2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania

Selected Paper

13075	
Formato: 	33