Since the work of FEENSTRA (2002), the standard ANDERSON & VAN WINCOOP (2003) Gravity Model has been estimated using a fixed effects approach. However, a fixed effects approach has a major drawback: it does not allow for the estimation of exporter- and importer-invariant variables. Thus,...

For a considerable time, long-only index funds have been suspected of being responsible for price increases on agricultural futures markets, particularly those for grain. Utilizing partial equilibrium concepts, we analyze the market impacts of long-only index funds. Our analysis reveals that...

Die "Shutdown"-Maßnahmen zur Bekämpfung der Covid-19-Pandemie haben zu einem Preisverfall auf den Rohöl- und Energiemärkten geführt, der erdölexportabhängige Staaten vor existenzielle Herausforderungen stellt. Die drei größten Rohölexporteure Afrikas (Algerien, Angola und Nigeria) sind...

Der internationale Agrarhandel ist ein Schlüsselfaktor für die globale Ernährungssicherheit. Er schafft ein vielfältigeres Nahrungsangebot (e.g. Krivonos und Kuhn 2019), sichert gegen lokale Produktionsausfälle ab (Glauben et al. 2022) und hilft, sich regionale Produktions- und...

Меры изоляции для борьбы с пандемией Covid-19 привели к падению цен на рынках сырой нефти и энергоносителей, из-за этого государства, зависящие от экспорта нефти,...

The shutdown measures implemented to fight the Covid-19 pandemic resulted in a historic drop in crude oil prices, which implies existential challenges to countries depending on energy exports. The three largest crude oil exporters in Africa (Algeria, Angola and Nigeria) are - like numerous other...

International agricultural trade is key to improving global food security. It ensures access to more diversified foods (e.g. Krivonos and Kuhn 2019 ), acts as a safety net against local production shortfalls (Glauben et al. 2022) and helps make use of regional climatic or resource-related...