Observatorio de I+D+i UPM

Memorias de investigación
Artículos en revistas:
Evaluating price transmission between global agricultural markets and consumer food price indices in the European Union
Año:2015
Áreas de investigación
  • Agricultura,
  • Economía agraria
Datos
Descripción
This paper uses error correction models to evaluate the extent to and speed at which world agricultural commodity price movements affect consumer food prices in the European Union member states. We consider three types of world commodity price indices, each containing different commodities and weighting criteria. Results reveal a long-run relationship between world agricultural commodity and consumer food prices in over half of the member states. Consumer prices in different member states and categories of member states respond differently to specific world price indices, suggesting that there are disparities in the structure and the efficiency of their food markets. The eurozone founders generally have lower transmission elasticities. This should be taken into account when predicting the impacts of extreme world price volatility and consumer food price rises, prompting governments to pay attention to the most vulnerable households.
Internacional
Si
JCR del ISI
Si
Título de la revista
Agricultural Economics
ISSN
0169-5150
Factor de impacto JCR
1,085
Información de impacto
Volumen
47(1)
DOI
10.1111/agec.12209
Número de revista
Desde la página
59
Hasta la página
70
Mes
SIN MES
Ranking
Esta actividad pertenece a memorias de investigación
Participantes
  • Autor: Sol Garcia-German Trujeda (UPM)
  • Autor: Isabel Bardaji De Azcarate (UPM)
  • Autor: Alberto Garrido Colmenero (UPM)
Grupos de investigación, Departamentos, Centros e Institutos de I+D+i relacionados
  • Creador: Centro o Instituto I+D+i: Centro de Estudios e Investigación para la Gestión de Riesgos Agrarios Medioambientales (CEIGRAM). Centro Mixto UPM-AGROMUTUA-ENESA
  • Departamento: Economía Agraria, Estadística y Gestión de Empresas
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