This study identifies the main determinants of food price fluctuations in Uzbekistan with a focus on the Khorezm region. We investigate the price behavior of ten agricultural commodities using the weekly data collected from local markets in the Khorezm region during 2002-2010. For the analysis,...

This paper analyzes co-movements and discusses possible market integration between aggregate food and stock markets in the period of 1990 to 2012. Correlations, price return distributions, cointegration, and Granger-causalities are tested in subsamples on monthly FAO Food Price Index and MSCI...

The work at hand contributes to the ongoing discussion on the drivers of food price volatility. Based on theoretical considerations, economical, agricultural, and political determinants of domestic price volatility are identified and discussed. A dynamic panel is estimated to account for country...

Addressing the competitive imbalances in the dairy sector, the High Level Group of dairy market experts proposed written formal contracts between raw milk producers and processors to improve the bargaining position of producers and to stabilize milk supply. However, exclusive contracts, where a...

We use contemporaneous causality tests based on instrumental variables (IV) methods to re-examine causality from Commodity Index Trader positions to agricultural futures prices. A number of recent studies found that no Granger-causal impacts are discernible for agricultural commodity markets....

This study analyzes the domestic price effects of export controls for all 3 KRU countries during the 2007/08 as well as the 2010/11 commodity price peaks. We develop two indicators to measure the strength of the export controls’ price damping and price insulating effect within a non-linear...

This paper sets out to empirically analyse land price formation in Saxony-Anhalt with the aim to quantify the impact of sellers’ and acquiring parties’ structural identity on land prices. We use a hedonic price regression with a detailed data set covering the years 2009–2010. Besides...

The 2003 reforms of the Common Agricultural Policy of the Euro-pean Union allowed for discretionary implementation among member states. Discretion was allowed with respect to the timing and the degree of decoupling of policy support. Differences among member states were particularly apparent in...

As a result of some recent changes in the international wheat market, market shares of leading wheat exporters have recently altered. The Black Sea region countries – Kazakhstan, Russia and Ukraine (KRU) – have become important wheat exporters, since they implemented substantial...