Food price volatility

Author:

Gilbert C. L.1,Morgan C. W.2

Affiliation:

1. Department of Economics, University of Trento, Trento, Italy

2. Department of Economics, University of Nottingham, Nottingham, UK

Abstract

The high food prices experienced over recent years have led to the widespread view that food price volatility has increased. However, volatility has generally been lower over the two most recent decades than previously. Variability over the most recent period has been high but, with the important exception of rice, not out of line with historical experience. There is weak evidence that grains price volatility more generally may be increasing but it is too early to say.

Publisher

The Royal Society

Subject

General Agricultural and Biological Sciences,General Biochemistry, Genetics and Molecular Biology

Reference47 articles.

1. Aiello F.. 2009 Experiences with traditional compensatory finance schemes and lessons from FLEX. Dipartimento di Economia and Statistica Working Paper no. 12 Università della Calabria.

2. Baffes J.. 2007 Oil spills on other commodities. Policy Research Working Paper no. 4333. Washington DC: World Bank.

3. GROWTH, COMMODITY PRICES, INFLATION AND THE DISTRIBUTION OF INCOME

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