Understanding the determinants of price volatility is a key step to prevent potential negative consequences of to the uncertainty faced by farmers. Our critical provides a novel categorization of grain price volatility drivers. We distinguish endogenous and exogenous causes and conclude on the potential effects that each of identified factors may generate on price dynamics. In particular, we deepen on the contribution of endogenous factors such as spatial and temporal arbitrage, as well as drivers of shocks of demand and supply.
Drivers of grain price volatility: a cursory critical review
Fabio Gaetano Santeramo
Writing – Review & Editing
;Emilia LamonacaWriting – Original Draft Preparation
;Francesco ContoMembro del Collaboration Group
;Gianluca NardoneMembro del Collaboration Group
;Antonio StasiMembro del Collaboration Group
2018-01-01
Abstract
Understanding the determinants of price volatility is a key step to prevent potential negative consequences of to the uncertainty faced by farmers. Our critical provides a novel categorization of grain price volatility drivers. We distinguish endogenous and exogenous causes and conclude on the potential effects that each of identified factors may generate on price dynamics. In particular, we deepen on the contribution of endogenous factors such as spatial and temporal arbitrage, as well as drivers of shocks of demand and supply.File in questo prodotto:
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