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The war in Ukraine has aggravated existing tensions on the agricultural commodities market. Since late 2021, prices for commodities such as grains and vegetable oils have reached record highs, surpassing even the levels of the global food price crises of more than a decade ago. Now, the invasion...
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Der Ukrainekrieg hat zu einem Rückgang der Weizenausfuhren aus Russland und der Ukraine nach Afrika geführt, die jedoch durch gesteigerte Exporte anderer Länder nahezu ausgeglichen wurden. Weltweite Beschränkungen der Weizenexporte sowie die Unsicherheit, dass Russland seine Getreideexporte...
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This paper further builds on the price transmission model framework of existing studies to identify domestic wheat price effects of wheat export controls. We explicitly take the fact into account that a harvest failure causes domestic price effects as well. Moreover, the analysis at the regional...
Persistent link: https://www.econbiz.de/10011455355
Using a threshold vector error correction model approach we find the wheat market of Russia segmented, with the primary grain export region poorly integrated into the domestic market. Results also indicate that trade costs are high, hindering spatial market efficiency of wheat markets in Russia....
Persistent link: https://www.econbiz.de/10011986310
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The Russian government implemented a wheat export tax in February 2015 to reduce food inflationary pressures resulting from the rouble’s dramatic devaluation. This article discusses the causes of the rouble’s instability and volatility, and the effects of the export controls on domestic...
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