Exogenous oil supply shocks and global agricultural commodity prices

We find evidence that unfavorable exogenous oil supply shocks affect global food commodity prices partly through the biofuel production channel. Finally, we ...

Exogenous Oil Supply Shocks and Global Agricultural Commodity ...

In particular, the prices of maize and soybeans are greatly affected by the shock. We also find the unfavorable exogenous oil supply shock ...

The Russian invasion of Ukraine on February 24, 2022 dramatically disrupted the global supply of crude oil and agricultural commodities.

Exogenous Oil Supply Shocks and Global Agricultural Commodity ...

Exogenous Oil Supply Shocks and Global Agricultural Commodity Prices ... To read the full-text of this research, you can request a copy directly ...

Exogenous oil supply shocks and global agricultural commodity ...

Exogenous oil supply shocks and global agricultural commodity prices : the role of biofuels. Yanfeng Wei, Feng Qiu, Henry An, Xindon Zhang, Changhong Li, ...

Global Energy Price Volatility and Agricultural Commodity Prices in ...

Global oil demand shocks before the food price crisis (2006–2008) can explain a large share of the changes in prices of agricultural products, while after that ...

The impact of oil price shocks on the agricultural commodity prices

We decompose real oil prices into three independent parts: oil supply shocks; global demand shocks; demand shocks that are specific to the ...

Agricultural Supply News as Exogenous Shocks to the Macroeconomy

Their results indicate that, on average, changes in global agricultural commodity prices ... for livestock, U.S. real ethanol price, real oil price, global oil ...

The Interplay between Oil and Food Commodity Prices

For example, an unfavorable oil supply shock that raises oil prices may be interpreted as a signal of global economic strength, increasing the demand for food ...

Commodity Price Shocks and Global Cycles: Monetary Policy Matters

First, we use a structural VAR model with global and. US variables to evaluate the contribution of exogenous shocks to crude oil, food commodities, and.

Chapter 5 Exogenous risk and price variability - OECD iLibrary

exogenous shocks and measure price variability for some crop commodities. ... demand and prices for agricultural commodities. Agricultural commodity ...

The Economic Consequences of Oil Shocks: Differences across ...

The effects of exogenous oil supply shocks are, however, very different across countries when oil prices increase. Whereas net oil- and energy-importing ...

Exogenous Oil Supply Shocks and Agriculture: Energy Interplay in ...

J Guo, Do biofuel production ... S Nazlioglu, Oil price, agricultural commodity prices ... Y Wang, Oil price shocks and agricultural commodity prices, Energy ...

How Fast Do Commodity Markets Adjust to Shocks?

What drives commodity price booms and busts? Energy Economics, 85:104035. Kilian, L. (2008). Exogenous oil supply shocks: how big are they and how much do they.

Commodity Price Shocks and Global Cycles: Monetary Policy Matters

First, we use a structural VAR model with global and. US variables to evaluate the contribution of exogenous shocks to crude oil, food commodities, and.

Oil price shocks and agricultural commodity prices - IDEAS/RePEc

After crisis, the contributions of oil-specific factors to variations in agricultural commodity prices are greater than those of aggregate demand shocks. The ...

Modeling the Impact of Agricultural Shocks on Oil Price in the US

The current literature has generally considered prices of the agricultural commodity as an endogenous factor to crude oil price. As such, the role of the ...

SPECIAL FOCUS - World Bank Open Knowledge Repository

By contrast, agricultural commodities are more affected by supply shocks ... Global demand shocks elevate both global industrial production and commodity prices,.

Volatility of International Commodity Prices in Times of COVID-19

This study examines the effects of oil supply and global demand shocks on the volatility of commodity prices in the metal and agricultural commodity markets ...

SPECIAL FOCUS - Food Price Shocks: Channels and Implications

First, higher-than- expected energy prices, a key input in the production of most agricultural commodities, could affect food prices, especially grains and.