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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Biofuels and Food Prices: Searching for the Causal Link | |
Andrea Bastianin; Marzio Galeotti; Matteo Manera | |
发表日期 | 2013 |
出处 | Energy: Resources and Markets |
出版年 | 2013 |
语种 | 英语 |
摘要 | We analyze the relationship between the prices of ethanol, agricultural commodities and livestock in Nebraska, the U.S. second largest ethanol producer. The paper focuses on long-run relations and Granger causality linkages between ethanol and the other commodities. The analysis takes possible structural breaks into account and uses a set of techniques that allow to draw inferences about the existence of long-run relations and of short-run in-sample Granger causality and out-of-sample predictive ability. Even after taking breaks into account, evidence that the price of ethanol drives the price dynamics of the other commodities is extremely weak. It is concluded that, on the basis of a formal, comprehensive and rigorous causality analysis we do not find evidence in favour of the Food versus Fuel debate. |
特色分类 | C22;C53;Q13;Q42;Q47 |
关键词 | Ethanol Field Crops Granger Causality Forecasting Structural Breaks |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/biofuels-and-food-prices-searching-for-the-causal-link/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118149 |
推荐引用方式 GB/T 7714 | Andrea Bastianin,Marzio Galeotti,Matteo Manera. Biofuels and Food Prices: Searching for the Causal Link. 2013. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
2013320170431Nota_di(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
2013320171274NDL2013(798KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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