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Over the last decade the link between agricultural and oil markets has reinforced after the introduction of biofuels as substitutes for gasoline and diesel. Although the literature on price transmission between these markets is prolific, research on second order moment dynamics is scant. This...
Persistent link: https://www.econbiz.de/10012314338
The Common Agricultural Policy (CAP) shapes the agri-food sector of the European Union (EU) by mainly regulating the distribution of financial support to agricultural producers. Based on the Treaty of Rome (1957), one of the CAP's objectives is to "ensure a fair living standard for farm-ers" by...
Persistent link: https://www.econbiz.de/10013556949
In der letzten Zeit erfuhr der europäische Agrarsektor deutliche Veränderungen aufgrund der Reform der GAP mit der Entkoppelung der Direktzahlungen, Modulation und Cross-Compliance. Der Ausgangspunkt von dem die hier vorliegende Studie ausgeht, sind die Auswirkungen der politisch induzierten...
Persistent link: https://www.econbiz.de/10003917088
The study analyzes price transmission in international rice markets in the last 12 years, covering the period before and after the 2008 food crisis. To this end, it provides empirical evidence of price transmission between the international and domestic markets of rice using price series from...
Persistent link: https://www.econbiz.de/10010468432