Advanced Search
MyIDEAS: Login to save this article or follow this journal

The interaction between food prices and oil prices

Contents:

Author Info

  • Alghalith, Moawia
Registered author(s):

    Abstract

    This paper provides a statistical methodology to estimate the impact of oil price uncertainty on food prices. In doing so, it examines the joint impact of oil price and food price uncertainties and their correlation on the food price. Also, the theoretical model was applied to the oil-based Trinidad and Tobago and the empirical results confirm the theoretical predictions. The empirical results indicate that a higher oil price increases food price. Also, a higher oil price volatility yields a higher food price. Moreover, an increase in the oil supply reduces the food price.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.sciencedirect.com/science/article/B6V7G-511G1SV-1/2/c204498fa6c3fbdc67869038f7b5a5ca
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Elsevier in its journal Energy Economics.

    Volume (Year): 32 (2010)
    Issue (Month): 6 (November)
    Pages: 1520-1522

    as in new window
    Handle: RePEc:eee:eneeco:v:32:y:2010:i:6:p:1520-1522

    Contact details of provider:
    Web page: http://www.elsevier.com/locate/eneco

    Related research

    Keywords: Oil/food price uncertainty Expected utility;

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Hernandez, Manuel A. & Gardebroek, Cornelis, 2012. "Do energy prices stimulate food price volatility? Examining volatility transmission between US oil, ethanol and corn markets," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124583, Agricultural and Applied Economics Association.
    2. Wang, Xiao & Zhang, Chuanguo, 2014. "The impacts of global oil price shocks on China׳s fundamental industries," Energy Policy, Elsevier, vol. 68(C), pages 394-402.
    3. Koliai, Lyes & Avouyi-Dovi, Sanvi & Ano Sujithan, Kuhanathan, 2014. "On the determinants of food price volatility," Economics Papers from University Paris Dauphine 123456789/12798, Paris Dauphine University.
    4. Alghalith, Moawia & Guo, Xu & Wong, Wing-Keung & Zhu, Lixing, 2013. "Input Demand under Joint Energy and Output Prices Uncertainties," MPRA Paper 52368, University Library of Munich, Germany.
    5. Demirer, Rıza & Kutan, Ali M. & Shen, Fanglin, 2012. "The effect of ethanol listing on corn prices: Evidence from spot and futures markets," Energy Economics, Elsevier, vol. 34(5), pages 1400-1406.
    6. Serra, Teresa & Zilberman, David, 2013. "Biofuel-related price transmission literature: A review," Energy Economics, Elsevier, vol. 37(C), pages 141-151.
    7. Arouri, Mohamed El Hedi, 2011. "Does crude oil move stock markets in Europe? A sector investigation," Economic Modelling, Elsevier, vol. 28(4), pages 1716-1725, July.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:eee:eneeco:v:32:y:2010:i:6:p:1520-1522. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.