The Relationship Between Fuel and Food Prices: Methods and Outcomes
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F19%3A10398961" target="_blank" >RIV/00216208:11230/19:10398961 - isvavai.cz</a>
Result on the web
<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=N1Wsyy6-DY" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=N1Wsyy6-DY</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1146/annurev-resource-100518-094012" target="_blank" >10.1146/annurev-resource-100518-094012</a>
Alternative languages
Result language
angličtina
Original language name
The Relationship Between Fuel and Food Prices: Methods and Outcomes
Original language description
We review the fuel-food price linkage model-time-series, structural, and general or partial equilibrium models, with most attention devoted to the time-series literature. Our assessment is nested in both the discussion of general commodity prices comovement and the prediction of the most likely development of biofuel policies and production. We show that the introduction of significant biofuels policies around 2005 increased the price transmission between fossil fuels and food commodities, illustrating the intuitively expected leading role of fuel prices over food prices. Particular price linkages dynamically evolve over time, depending on the particular market under consideration. The econometric results show that owing to policy-induced trade barriers, there is no evidence of a sufficiently integrated international biofuels market with the US, European, and Brazilian markets and that biofuel policies in these countries follow separate paths.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
<a href="/en/project/GX19-26812X" target="_blank" >GX19-26812X: Frontiers in Energy Efficiency Economics and Modelling - FE3M</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Annual Review of Resource Economics
ISSN
1941-1340
e-ISSN
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Volume of the periodical
11
Issue of the periodical within the volume
October
Country of publishing house
US - UNITED STATES
Number of pages
22
Pages from-to
195-216
UT code for WoS article
000490121800010
EID of the result in the Scopus database
2-s2.0-85068065860