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The interplay between oil and food commodity prices: has it changed over time?

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Using time-varying BVARs, we find that oil price increases caused by oil supply shocks did not affect food commodity prices before the start of the millennium, but had positive spillover effects in more recent periods. Likewise, shortfalls in global food commodity supply—resulting from bad harvests—...

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Hauptverfasser: Peersman, Gert (VerfasserIn) , Rüth, Sebastian (VerfasserIn) , Van der Veken, Wouter (VerfasserIn)
Dokumenttyp: Buch/Monographie Arbeitspapier
Sprache:Englisch
Veröffentlicht: Munich, Germany CESifo, Center for Economic Studies & Ifo Institute [2019]
Schriftenreihe:CESifo working paper Category 10, Energy and climate economics no. 7826 (August 2019)
In: CESifo working papers (no. 7826 (August 2019))

Online-Zugang:Verlag, lizenzpflichtig, Volltext: https://www.cesifo.org/en/publikationen/2019/working-paper/interplay-between-oil-and-food-commodity-prices-has-it-changed
Resolving-System, kostenfrei, Volltext: http://hdl.handle.net/10419/207217
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Verfasserangaben:Gert Peersman, Sebastian K. Rüth, Wouter Van der Veken

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