More on the energy/nonenergy price link
John Baffes ()
Applied Economics Letters, 2010, vol. 17, issue 16, 1555-1558
Abstract:
This note re-examines the energy/nonenergy price link. Using annual data from the period 1960 to 2008, it finds that the pass-through of energy price changes to the overall nonenergy commodity index is 0.28. At a more disaggregated level, the fertilizer index exhibited the largest pass-through (0.55), followed by agriculture (0.26) and metals (0.25).
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:17:y:2010:i:16:p:1555-1558
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DOI: 10.1080/13504850903120683
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