Despite an extensive literature on contributing factors to the high commodity prices and volatility in the recent years, few have examined these causal factors together in one analysis. We quantify empirically the relative importance of three factors -global demand, speculation, and energy...

Import demand functions for origin-specific chilled fish fillets to the EU using a Rotterdam-type production model are estimated. Results are used to project the impact of the EU expanding market access to non-African countries. The preference erosion argument suggests that the lower tariffs...