Measuring food price volatility

Traoré, Fousseini and Insa Diop

No TN-19, AGRODEP technical notes from International Food Policy Research Institute (IFPRI)

Abstract: Over the past two decades, the prices of agricultural commodities have experienced large and unpredictable fluctuations that have attracted the attention of researchers, policymakers and the media to better understand the mechanisms that govern this phenomenon. It is therefore important to acquire basic tools to assess the level of price volatility to warn of abnormal movements. The main objective of this technical note is to provide an overview of this literature in constant evolution, and tools for measuring food price volatility. The tools developed in this technical note help understand the complexity of measuring volatility and the caution required in their use. Thus, the application of these tools requires their adaptation to the nature of the data generating process and the use of appropriate tests and criteria in order to choose the best approach.

Keywords: agricultural products; equipment; commodities; price volatility; food prices (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-agr, nep-mon and nep-rmg
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://hdl.handle.net/10568/142646

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fpr:agrotn:tn-19

Access Statistics for this paper

More papers in AGRODEP technical notes from International Food Policy Research Institute (IFPRI) Contact information at EDIRC.
Bibliographic data for series maintained by ().