Price and volatility transmission from international to domestic food and fertilizer markets in Central America

· · · · ·
· IFPRI Discussion Papers Buku 2299 · Intl Food Policy Res Inst
e-Buku
77
Halaman
Layak
Rating dan ulasan tidak disahkan  Ketahui Lebih Lanjut

Perihal e-buku ini

Following recent major global shocks that resulted in significant spikes in international food and fertilizer prices, this study analyses the degree of price and volatility transmission from international to selected domestic food and fertilizer markets across seven countries in Central America. We follow a multivariate GARCH approach using monthly data over the period 2000–2022. We find varying results by country and commodities and an overall low to moderate degree of price transmission in levels, but a stronger degree of volatility transmission. We similarly observe some changes in the degree of co-movement between international and domestic price variations over time—depending on the market and commodity under consideration—including after the COVID-19 pandemic and Russia’s invasion of Ukraine as well as after the 2007-2008 food price crisis. Back-of-the-envelope calculations of the effect of an increase in international prices of different food and fertilizers mimicking the peak inflation observed in 2022 reveal small yet non-negligible effects on consumer and producer welfare in Central American countries, which however do not match the magnitude of the food security crisis observed in the region.

Berikan rating untuk e-Buku ini

Beritahu kami pendapat anda.

Maklumat pembacaan

Telefon pintar dan tablet
Pasang apl Google Play Books untuk Android dan iPad/iPhone. Apl ini menyegerak secara automatik dengan akaun anda dan membenarkan anda membaca di dalam atau luar talian, walau di mana jua anda berada.
Komputer riba dan komputer
Anda boleh mendengar buku audio yang dibeli di Google Play menggunakan penyemak imbas web komputer anda.
eReader dan peranti lain
Untuk membaca pada peranti e-dakwat seperti Kobo eReaders, anda perlu memuat turun fail dan memindahkan fail itu ke peranti anda. Sila ikut arahan Pusat Bantuan yang terperinci untuk memindahkan fail ke e-Pembaca yang disokong.
Laporkan kandungan haram

Teruskan siri ini

Rethinking the measurement of resilience for food and nutrition security
Ulimwengu, John M.
Buku 2300
€0
Rainy day funds? How men and women adapt to heavy rainfall shocks and the role of cash transfers in Mali
Hidrobo, Melissa
Buku 2301
€0
Characteristics of community seed schemes for grains and legumes: Insights from northern Nigeria
Takeshima, Hiroyuki
Buku 2302
€0
Impact of risk-contingent credit and traditional credit on smallholders’ agricultural investment and productivity: Experimental evidence from Kenya
Ndegwa, Michael K.
Buku 2303
€0

Lagi oleh Hernandez, Manuel A.

Assessing the impacts of COVID-19 on the coffee value chain in Guatemala: Evidence from coffee growers in the Midwest and East
Hernandez, Manuel A.
€0
The role of market concentration in the agrifood industry
Hernandez, Manuel A.
Buku 1
€0

E-buku serupa

Rethinking the measurement of resilience for food and nutrition security
Ulimwengu, John M.
Buku 2300
€0
Assessing the impacts of COVID-19 on the coffee value chain in Guatemala: Evidence from coffee growers in the Midwest and East
Hernandez, Manuel A.
€0
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) and the adoption of modern agricultural technologies in Uttar Pradesh, India
Varshney, Deepak
Buku 1
€0
Fat Chance: Beating the Odds Against Sugar, Processed Food, Obesity, and Disease
Robert H. Lustig
Perniagaan & Pelaburan
€17.37