Disentangling Short-Run COVID-19 Price Impact Pathways in the US Corn Market
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.322846
Download full text from publisher
References listed on IDEAS
- David Zilberman & Gal Hochman & Deepak Rajagopal & Steve Sexton & Govinda Timilsina, 2013. "The Impact of Biofuels on Commodity Food Prices: Assessment of Findings," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(2), pages 275-281.
- Jushan Bai & Pierre Perron, 1998.
"Estimating and Testing Linear Models with Multiple Structural Changes,"
Econometrica, Econometric Society, vol. 66(1), pages 47-78, January.
- Perron, P. & Bai, J., 1995. "Estimating and Testing Linear Models with Multiple Structural Changes," Cahiers de recherche 9552, Universite de Montreal, Departement de sciences economiques.
- Perron, P. & Bai, J., 1995. "Estimating and Testing Linear Models with Multiple Structural Changes," Cahiers de recherche 9552, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Troy G. Schmitz, 2018. "Impact of the Chinese embargo against MIR162 corn on Canadian corn producers," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 66(4), pages 571-586, December.
- Peña-Lévano, Luis & Burney, Shaheer & Adams, Colton, 2020. "Labor Disruptions Caused by COVID-19 in the U.S. Agriculture and Nonfarm Industries," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 35(3), September.
- Madhu Khanna, 2021. "COVID‐19: A Cloud with a Silver Lining for Renewable Energy?," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(1), pages 73-85, March.
- Gal Hochman & David Zilberman, 2018. "Corn Ethanol and U.S. Biofuel Policy 10 Years Later: A Quantitative Assessment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 100(2), pages 570-584.
- Shiqi Ou & Xin He & Weiqi Ji & Wei Chen & Lang Sui & Yu Gan & Zifeng Lu & Zhenhong Lin & Sili Deng & Steven Przesmitzki & Jessey Bouchard, 2020. "Machine learning model to project the impact of COVID-19 on US motor gasoline demand," Nature Energy, Nature, vol. 5(9), pages 666-673, September.
- Hubbs, Todd, 2020. "How Bad Will Ethanol Demand Destruction Get?," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 10(77), April.
- Jayson Beckman & Amanda M. Countryman, 2021. "The Importance of Agriculture in the Economy: Impacts from COVID‐19," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(5), pages 1595-1611, October.
- Irwin, Scott, 2018. "More on Small Refinery Exemptions and Ethanol Demand Destruction," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 8, December.
- Colin A. Carter & Aaron Smith, 2007.
"Estimating the Market Effect of a Food Scare: The Case of Genetically Modified StarLink Corn,"
The Review of Economics and Statistics, MIT Press, vol. 89(3), pages 522-533, August.
- Carter, Colin A. & Smith, Aaron D., 2006. "Estimating the Market Effect of a Food Scare: The Case of Genetically Modified StarLink Corn," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25447, International Association of Agricultural Economists.
- Madhavan, Ananth & Smidt, Seymour, 1993. "An Analysis of Changes in Specialist Inventories and Quotations," Journal of Finance, American Finance Association, vol. 48(5), pages 1595-1628, December.
- Bruce A. Babcock, 2011.
"The Impact of Ethanol and Ethanol Subsidies on Corn Prices: Revisiting History,"
Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only)
11-pb5, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Bruce A. Babcock, 2011. "The Impact of Ethanol and Ethanol Subsidies on Corn Prices: Revisiting History," Center for Agricultural and Rural Development (CARD) Publications 11-pb5, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Brian D. Wright, 2011.
"The Economics of Grain Price Volatility,"
Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 33(1), pages 32-58.
- Brian D. Wright, 2011. "The Economics of Grain Price Volatility," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 33(1), pages 32-58.
- Gertner, Daniel & Dennis, Elliott, 2020. "Distillers Grains Pre, During, and Post COVID-19: Ongoing Recovery and Structural Demand Implications," Cornhusker Economics 309757, University of Nebraska-Lincoln, Department of Agricultural Economics.
- Irwin, Scott & Hubbs, Todd, 2020. "The Coronavirus and Ethanol Demand Destruction," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 10(56), March.
- Condon, Nicole & Klemick, Heather & Wolverton, Ann, 2015.
"Impacts of ethanol policy on corn prices: A review and meta-analysis of recent evidence,"
Food Policy, Elsevier, vol. 51(C), pages 63-73.
- Condon, Nicole & Klemick, Heather & Wolverton, Ann, 2013. "Impacts of Ethanol Policy on Corn Prices: A Review and Meta-Analysis of Recent Evidence," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 149940, Agricultural and Applied Economics Association.
- Nicole Condon & Heather Klemick & Ann Wolverton, 2013. "Impacts of Ethanol Policy on Corn Prices: A Review and Meta-Analysis of Recent Evidence," NCEE Working Paper Series 201305, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Oct 2013.
- Malone, Trey & Schaefer, K. Aleks & Lusk, Jayson L., 2021. "Unscrambling U.S. egg supply chains amid COVID-19," Food Policy, Elsevier, vol. 101(C).
- Jushan Bai & Pierre Perron, 2003. "Critical values for multiple structural change tests," Econometrics Journal, Royal Economic Society, vol. 6(1), pages 72-78, June.
- Mahdi Asgari & Sayed H. Saghaian & Michael R. Reed, 2020. "The Impact of Energy Sector on Overshooting of Agricultural Prices," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(2), pages 589-606, March.
- Coppess, Jonathan, 2021. "The RFS Stands Before the Supreme Court," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 11(22), February.
- Irwin, Scott, 2018. "Small Refinery Exemptions and Ethanol Demand Destruction," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 8, September.
- Mariano Tappata, 2009. "Rockets and feathers: Understanding asymmetric pricing," RAND Journal of Economics, RAND Corporation, vol. 40(4), pages 673-687, December.
- Avalos, Fernando, 2014. "Do oil prices drive food prices? The tale of a structural break," Journal of International Money and Finance, Elsevier, vol. 42(C), pages 253-271.
- Schmitz Andrew & Moss Charles B. & Schmitz Troy G., 2020. "The Economic Effects of COVID-19 on the Producers of Ethanol, Corn, Gasoline, and Oil," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 18(2), pages 1-18, November.
- Michael J. Roberts & Wolfram Schlenker, 2013.
"Identifying Supply and Demand Elasticities of Agricultural Commodities: Implications for the US Ethanol Mandate,"
American Economic Review, American Economic Association, vol. 103(6), pages 2265-2295, October.
- Michael J. Roberts & Wolfram Schlenker, 2010. "Identifying Supply and Demand Elasticities of Agricultural Commodities: Implications for the US Ethanol Mandate," NBER Working Papers 15921, National Bureau of Economic Research, Inc.
- Dumortier, Jerome & Carriquiry, Miguel & Elobeid, Amani, 2021. "Where does all the biofuel go? Fuel efficiency gains and its effects on global agricultural production," Energy Policy, Elsevier, vol. 148(PA).
- Brandon R. McFadden & Trey Malone & Maik Kecinski & Kent D. Messer, 2021. "COVID‐19 Induced Stigma in U.S. Consumers: Evidence and Implications," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(2), pages 486-497, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Adjemian, Michael K. & Smith, Aaron & He, Wendi, 2021.
"Estimating the market effect of a trade war: The case of soybean tariffs,"
Food Policy, Elsevier, vol. 105(C).
- Adjemian, Michael K. & Smith, Aaron & He, Wendi, 2019. "Estimating the Market Effect of a Trade War: The Case of Soybean Tariffs," 2019 Annual Meeting, July 21-23, Atlanta, Georgia 292089, Agricultural and Applied Economics Association.
- Gerveni, Maria & Serra, Teresa & Irwin, Scott H. & Hubbs, Todd, 2023. "Price connectedness in U.S. ethanol terminal markets," Energy Economics, Elsevier, vol. 124(C).
- Dority, Bree L. & Tenkorang, Frank, 2016. "Ethanol Production and Food Price: Simultaneous Estimation of Food Demand and Supply," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 17(1), January.
- Dumortier, Jerome & Carriquiry, Miguel & Elobeid, Amani, 2021. "Where does all the biofuel go? Fuel efficiency gains and its effects on global agricultural production," Energy Policy, Elsevier, vol. 148(PA).
- Condon, Nicole & Klemick, Heather & Wolverton, Ann, 2015.
"Impacts of ethanol policy on corn prices: A review and meta-analysis of recent evidence,"
Food Policy, Elsevier, vol. 51(C), pages 63-73.
- Nicole Condon & Heather Klemick & Ann Wolverton, 2013. "Impacts of Ethanol Policy on Corn Prices: A Review and Meta-Analysis of Recent Evidence," NCEE Working Paper Series 201305, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Oct 2013.
- Condon, Nicole & Klemick, Heather & Wolverton, Ann, 2013. "Impacts of Ethanol Policy on Corn Prices: A Review and Meta-Analysis of Recent Evidence," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 149940, Agricultural and Applied Economics Association.
- K. Aleks Schaefer & Daniel Scheitrum, 2020.
"Sewing terror: price dynamics of the strawberry needle crisis,"
Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(2), pages 229-243, April.
- Schaefer, K. Aleks & Scheitrum, Daniel, 2020. "Sewing terror: price dynamics of the strawberry needle crisis," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(2), April.
- Héctor M. Núñez & Andrés Trujillo-Barrera, 2015. "Impact of U.S. Biofuel Policy in the Presence of Drastic Climate Conditions," Working papers DTE 585, CIDE, División de Economía.
- Nicolas Legrand, 2023.
"War in Ukraine: The rational “wait‐and‐see” mode of global food markets,"
Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(2), pages 626-644, June.
- Nicolas Legrand, 2022. "War in Ukraine: The Rationale “Wait-and-See” Mode of Global Food Markets [Guerre en Ukraine: La position d’attente rationnelle des marchés agricoles mondiaux]," Working Papers hal-03826719, HAL.
- Nicolas Legrand, 2023. "War in Ukraine: The rational “ wait‐and‐see ” mode of global food markets," Post-Print hal-03966878, HAL.
- Nicolas Legrand, 2022. "War in Ukraine: The Rationale “Wait-and-See” Mode of Global Food Markets," Working Papers SMART 22-07, INRAE UMR SMART.
- Nicolas Legrand, 2022. "War in Ukraine: The Rationale "Wait-and-See" Mode of Global Food Markets ," Working Papers hal-03809794, HAL.
- Legrand, Nicolas, 2022. "War in Ukraine: The Rationale “Wait-and-See” Mode of Global Food Markets," Working Papers 327330, Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2).
- Erdenebat Bataa & Denise R. Osborn & Marianne Sensier & Dick van Dijk, 2014.
"Identifying Changes in Mean, Seasonality, Persistence and Volatility for G7 and Euro Area Inflation,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 76(3), pages 360-388, June.
- Erdenebat Bataa & Denise R. Osborn & Marianne Sensier & Dick van Dijk, 2008. "Identifying Changes in Mean, Seasonality, Persistence and Volatility for G7 and Euro Area Inflation," Centre for Growth and Business Cycle Research Discussion Paper Series 109, Economics, The University of Manchester.
- Ye, Shiyu & Karali, Berna, 2016. "Estimating relative price impact: The case of Brent and WTI," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235728, Agricultural and Applied Economics Association.
- Athanasios Triantafyllou & Dimitrios Bakas & Marilou Ioakimidis, 2023.
"Commodity price uncertainty as a leading indicator of economic activity,"
International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(4), pages 4194-4219, October.
- Athanasios Triantafyllou & Dimitrios Bakas & Marilou Ioakimidis, 2019. "Commodity Price Uncertainty as a Leading Indicator of Economic Activity," Working Paper series 19-03, Rimini Centre for Economic Analysis.
- Bakas, Dimitrios & Ioakimidis, Marilou & Triantafyllou, Athanasios, 2020. "Commodity Price Uncertainty as a Leading Indicator of Economic Activity," Essex Finance Centre Working Papers 27361, University of Essex, Essex Business School.
- Kumar, Nikeel Nishkar & Patel, Arvind, 2023. "Nonlinear effect of air travel tourism demand on economic growth in Fiji," Journal of Air Transport Management, Elsevier, vol. 109(C).
- Peter Lildholdt & Anne Vila-Wetherilt, 2004.
"Anticipation Of Monetary Policy In UK Financial Markets,"
Royal Economic Society Annual Conference 2004
20, Royal Economic Society.
- Peter Lildholdt & Anne Vila Wetherilt, 2004. "Anticipation of monetary policy in UK financial markets," Bank of England working papers 241, Bank of England.
- M. E. Bontempi & M. Frigeri & R. Golinelli & M. Squadrani, 2019. "Uncertainty, Perception and the Internet," Working Papers wp1134, Dipartimento Scienze Economiche, Universita' di Bologna.
- Umar, Muhammad & Su, Chi-Wei & Rizvi, Syed Kumail Abbas & Lobonţ, Oana-Ramona, 2021. "Driven by fundamentals or exploded by emotions: Detecting bubbles in oil prices," Energy, Elsevier, vol. 231(C).
- Bertrand Groslambert & Raphaël Chiappini & Olivier Bruno, 2015.
"Bank Output Calculation in the Case of France: What Do New Methods Tell About the Financial Intermediation Services in the Aftermath of the Crisis?,"
GREDEG Working Papers
2015-32, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Groslambert Bertrand & Raphaël Chiappini & Olivier Bruno, 2016. "Bank output calculation in the case of France: what do new methods tell about the financial intermediation services in the aftermath of the crisis?," Working Papers halshs-01254475, HAL.
- Mishra, Brajesh & Ghosh, Sajal & Kanjilal, Kakali, 2020. "Evaluation of import substitution strategy in Indian telecom sector: Empirical evidence of non-linear dynamics," Telecommunications Policy, Elsevier, vol. 44(7).
- MARTÍNEZ-RUIZ, Elena & NOGUES-MARCO, Pilar, 2018. "The Political Economy of Exchange Rate Stability During the Gold Standard. Spain 1874—1914," Discussion paper series HIAS-E-75, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
- repec:zbw:bofitp:urn:nbn:fi:bof-201505061169 is not listed on IDEAS
- Oscar Bajo-Rubio, 2022.
"Exports and long-run growth: The case of Spain, 1850-2020,"
Journal of Applied Economics, Taylor & Francis Journals, vol. 25(1), pages 1314-1337, December.
- Bajo-Rubio, Oscar, 2020. "Exports and long-run growth: The case of Spain, 1850-2017," GLO Discussion Paper Series 461, Global Labor Organization (GLO).
- Bajo-Rubio, Oscar & Diaz-Roldan, Carmen & Esteve, Vicente, 2007.
"Change of regime and Phillips curve stability: The case of Spain, 1964-2002,"
Journal of Policy Modeling, Elsevier, vol. 29(3), pages 453-462.
- Oscar Bajo-Rubio & Mª Carmen Díaz Roldán & Vicente Esteve, 2004. "Change of regime and Phillips curve stability:The case of Spain, 1964-2002," Economic Working Papers at Centro de Estudios Andaluces E2004/52, Centro de Estudios Andaluces.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jlaare:322846. See general information about how to correct material in RePEc.
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.