Liu, Xiaoliang; Filler, Gunther; Odening, Martin - European Association of Agricultural Economists - EAAE - 2012
The sharp increase in agricultural commodity prices in 2008 and in 2011 has triggered an intensive debate on the causes for these price booms. Speculative bubbles have been quoted as one factor among others for the price peaks. Against this background, our paper contributes to this discussion by...