Horizontal Price Transmission in Agricultural Markets: Fundamental Concepts and Open Empirical Issues
Giulia Listorti and
Roberto Esposti
Bio-based and Applied Economics Journal, 2012, vol. 01, issue 01, 28
Abstract:
Following the dramatic changes experienced by the prices of agricultural commodities in 2007-2008, the analysis of horizontal price transmission mechanisms in agricultural markets has attracted renewed interest. In particular, this has led to the emergence of new challenges for the empirical analysis. How to model the increasing volatility and non linear behaviour of prices, to assess the impact of the policy responses to market turbulence, and how to account for the increasing interconnections between agricultural and non-agricultural commodity markets are amongst the most investigated issues. Building on a common analytical framework, this paper discusses and reviews the most recent methodological developments and empirical contributions in the field.
Keywords: Agricultural and Food Policy; Demand and Price Analysis (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (37)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aieabj:125721
DOI: 10.22004/ag.econ.125721
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