Higher breaks for the development: The price volatility on agro-products in the Chilean Market

Francisco Cerecera

No 338549, 2023 Inter-Conference Symposium, April 19-21, 2023, Montevideo, Uruguay from International Association of Agricultural Economists

Abstract: Productivity and efficiency in the agrifood system require a study that analyzes volatility within and between classes of agro-products. This document studies the change in volatility and level price in the domestic markets that affect rural development in an open small economy. Results: A high volatility and a change in the price level of different agricultural products that are related to rural and sustainable agriculture are observed in the last 3 years compared to the beginning of the 2010 decade. Mainly within the group of vegetables, tubers, and species. Discussion: The change in the price level and the high volatility began before the covid pandemic, and is possibly more related to the times in which the social outbreak that affected the economy and internal markets occurred. Conclusion: The descriptive analysis is still useful to view the change in the dynamics and the need for structural relations between agro-products in hard times with covid pandemic, international conflicts, and other external situations that added volatility to the economy. The last is useful for building resilience policy economic and public policy strategies to resolve problems for consumers and the primary sectors and rural development.

Keywords: Demand and Price Analysis; Marketing (search for similar items in EconPapers)
Date: 2023
New Economics Papers: this item is included in nep-agr
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