Economics, Econometrics and Finance
4 years ago

EU Food Prices Soar Due to Strong Pass-Through of Commodity Shocks

SSRN Electronic Journal
Food Price Pass-Through in the Euro Area - The Role of Asymmetries and Non-Linearities
Gianluigi Ferrucci, Rebeca Jiménez‐Rodríguez, Luca Onorante

Paper Summary

Related papers

Economics, Econometrics and Finance
4 years ago

Global warming to substantially increase banana prices, impacting food security.

Trade Impact
Oil Price Shocks
2 views
Economics, Econometrics and Finance
4 years ago

Unpredictable commodity prices shake economies, impacting inflation and growth rates.

Oil Price Shocks
3 views
Economics, Econometrics and Finance
4 years ago

Commodity Prices Surge and Plummet at End of Cycle, Impacting Economies.

Oil Price Shocks
2 views

The article analyzes how a rise in commodity prices affects food prices in the euro area. By using a unique database that considers the Common Agricultural Policy in the EU, the researchers found that there is a significant and lasting impact on food prices. They discovered that commodity prices were the main reason for the increase in producer and consumer prices during the 2007-08 period. This study helps to explain why food prices in the euro area can change so much when commodity prices go up.