A Global Wheat Market Model (GLOWMM) for the Analysis of Wheat Export Prices

Food commodity prices fluctuations have important impacts on poverty and food insecurity across the world. Conventional models have not provided a complete picture of recent price spikes in agricultural commodity markets, while there is an urgent need for appropriate policy responses. Perhaps new approaches are needed in order to better understand international spill-overs, the feedback between the real and the financial sectors and also the link between food and energy prices. In this paper, we present results from a new worldwide dynamic model that provides short and long-run impulse responses of wheat international prices to various real and financial shocks.


Issue Date:
2013-06
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/149760
Total Pages:
21
JEL Codes:
G14; Q14; C12; C15




 Record created 2017-04-01, last modified 2017-08-27

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