World Food Prices after WTO Foundation: Deterministic and Non-deterministic Factors

Xiaohua Yu and Stefan Meyer

No 61018, 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado from Agricultural and Applied Economics Association

Abstract: This paper develops a two-step method to estimate the influence of non-deterministic factors in production on food prices, and finds that non-deterministic factors of wheat production do significantly affect both wheat and corn prices in the world and, however, those of corn do not.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 1
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea10:61018

DOI: 10.22004/ag.econ.61018

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