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...

Der Ukrainekrieg hat gravierende Auswirkungen auf die internationalen Agrarmärkte, da sowohl die Ukraine als auch Russland auf dem Weltmarkt eine wichtige Rolle spielen. Schon vor Beginn des Angriffskrieges waren die Getreidepreise auf einem hohen Niveau, was auf eine bereits angspannte...

It is widely recognized that climate change makes the weather more erratic. Since the combination of temperature and precipitation is a major driver ofgrain crop productivity, more frequent extreme rainfalls and heat waves, flooding and draught tend to make grain production and hence grain...

Using monthly data from January 1998 to May 2021, this study investigates the asymmetric impact of global economic policy uncertainty on international grain prices by using nonlinear autoregressive distribution lag (NARDL). We find that there is a positive relationship between global economic...

Detecting data manipulation in the Qing dynasty (1644-1912) reveals that such cheating behavior has persisted in modern China, for centuries. Qing prefectural officials were responsible for collecting and reporting local grain price data. We use the fact that grain prices are seasonal and grain...

We ask whether epidemic exposure leads to a shift in financial technology usage within and across countries and if so who participates in this shift. We exploit a dataset combining Gallup World Polls and Global Findex surveys for some 250,000 individuals in 140 countries, merging them with...

We ask whether epidemic exposure leads to a shift in financial technology usage within and across countries and if so who participates in this shift. We exploit a dataset combining Gallup World Polls and Global Findex surveys for some 250,000 individuals in 140 countries, merging them with...

Prevailing views suggest the Industrial Revolution began in Europe because markets had gradually become more efficient and by the 18th century the scope of economic activity was far larger than in other parts of the world. This paper compares the actual performance of markets in Europe and...

We ask whether epidemic exposure leads to a shift in financial technology usage within and across countries and if so who participates in this shift. We exploit a dataset combining Gallup World Polls and Global Findex surveys for some 250,000 individuals in 140 countries, merging them with...

The effect of water-heat treatment and time of electromagnetic irradiation on the yield and quality of flattened wholegrain cereal from emmer wheat is investigated. A comparative analysis of cereal yield and cooking time at different moisture contents and time of electromagnetic irradiation of...

In this paper, the short and the long-run potential impact of higher maize and sorghum prices on households' welfare, poverty and income inequality in Togo are estimated using households survey data in a compensating variation analysis framework. Results have shown that, while households are on...

Existing literature has not yet identified the common determinants of price volatility transmission in agricultural commodities from international to local markets and has rarely investigated the role of self-sufficiency measures in the context of national food security. We analyzed several...

International grain prices experienced a sharp increase during the 2020/2021 marketing season, most likely due to the unprecedented increase of imported grains by China. What would be the possible impact on international grain markets if China remains a strong grain importer? The scenario...

Der Start des Ukraine-Russland-Krieges -- Zeitenwenden im Ukraine-Russland-Krieg -- Der Westen und Russland – Beziehungsstille zwischen Großbritannien und Russland über Jahrzehnte -- Energie-Perspektiven -- Russland-Energieimport-Boykott durch Deutschland und die EU als Politikoption? --...

We examine the different functions of the government and of local elites in eighteenth-century China by considering their responses to grain price fluctuations, which were the largest shocks to traditional agrarian society. Descriptive evidence has indicated that both the government and the...

Large and regular seasonal price fluctuations in local grain markets appear to offer African farmers substantial inter-temporal arbitrage opportunities, but these opportunities remain largely unexploited: small-scale farmers are commonly observed to "sell low and buy high" rather than the...

This paper evaluates an approach popularized by McCloskey and Nash (1984) that exploits the fact that grain prices provide information on interest rates. While the grain price approach enables a comparative analysis of capital market development across pre-modern economies and has been applied...

This paper evaluates a well-known approach from the economic history literature that uses grain prices to shed light on interest rates. Although this method has been applied in influential work starting with McCloskey and Nash (1984) and has potentially wide applicability in situations where...

Large and regular seasonal price fluctuations in local grain markets appear to offer African farmers substantial inter-temporal arbitrage opportunities, but these opportunities remain largely unexploited: small-scale farmers are commonly observed to "sell low and buy high" rather than the...

Derivatives taught in modern Finance programs at major universities usually focuses upon options and swaps on equities, debt, and foreign exchange as the primary markets that graduates will work in at the major money markets of the world; futures might be included merely for purposes of...

The paper provides the first large-scale survey-based evidence on the impact of the global food crisis of 2007-08 using an indicator of self-assessed food security from the Gallup World Poll. For the sampled countries as a whole, this subjective indicator of food security remained the same or...

When prices spike in international grain markets, national governments often reduce the extent to which that spike affects their domestic food markets. Those actions exacerbate the price spike and international welfare transfer associated with the terms of trade change. Several recent analyses...

This paper provides a general overview of the current status and key challenges of the Ethiopian wheat value chain. Wheat is an important staple food crop in Ethiopia. Improving wheat production and productivity is therefore a key part of the agenda in the Ethiopian government’s food security...

The impact of drought on household welfare is the cumulative effect of crop losses and price changes in a local economy that are triggered by these initial losses. This paper combines data on monthly grain prices and wages in 82 retail markets over 17 years with data on district-level weather...

Grain in the world -- The pattern of grain prices -- The root cause of unstable grain prices -- Unstable grain prices - who wins? who loses? -- Stabilising grain prices in a closed economy -- A model of the international grain market -- Stabilising grain prices in an open economy -- Buffer...

Concerns have been raised about the impact of rising food prices worldwide on the poor. To assess the (short term) impact of rising food prices in any particular country it is necessary to look at both the impact on food producers (who benefit from an increase in prices) and food consumers (who...

Concerns have been raised about the impact of rising food prices worldwide on the poor. To assess the (short term) impact of rising food prices in any particular country it is necessary to look at both the impact on food producers (who benefit from an increase in prices) and food consumers (who...