Relationship among Energy, Bioenergy, and Agricultural Commodity Prices: Re-Considering Structural Changes

Mehdi Nemati ()

No 229793, 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas from Southern Agricultural Economics Association

Abstract: This study investigates the relationships among the prices of gasoline, ethanol, and agricultural products that includes soybeans and corn. By increasing production of ethanol using corn, concerns about emerging new relationship between agricultural products price and energy price increased. The result indicates that, without considering structural breaks, there is no long-run relationship between energy and agricultural products prices. However, after consideration of structural breaks not only, long-run relationship between energy and agricultural products exist, but also this relationship intensified during last decade. Also, energy price can be transmitted to agricultural products prices from the indirect and direct channel.

Keywords: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis; Food Security and Poverty (search for similar items in EconPapers)
Pages: 15
Date: 2016
New Economics Papers: this item is included in nep-agr, nep-ene and nep-pr~
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea16:229793

DOI: 10.22004/ag.econ.229793

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