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Title: THE ECONOMICS OF FOOD PRICE VOLATILITY
By: Jean-Paul Chavas (Editor), David Hummels (Editor), Brian D. Wright (Editor)
Format: Hardback

List price: £112.00
Our price: £100.80
Discount:
10% off
You save: £11.20
ISBN 10: 022612892X
ISBN 13: 9780226128924
Availability: Usually dispatched within 1-3 weeks.
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Publisher: THE UNIVERSITY OF CHICAGO PRESS
Pub. date: 14 October, 2014
Series: National Bureau of Economic Research Conference Report
Pages: 440
Description: There has been an increase in food price instability in recent years, with varied consequences for farmers, market participants, and consumers. Does financial speculation affect food price volatility? This book address this and other questions.
Synopsis: There has been an increase in food price instability in recent years, with varied consequences for farmers, market participants, and consumers. Before policy makers can design schemes to reduce food price uncertainty or ameliorate its effects, they must first understand the factors that have contributed to recent price instability. Does it arise primarily from technological or weather-related supply shocks, or from changes in demand like those induced by the growing use of biofuel? Does financial speculation affect food price volatility? The researchers who contributed to The Economics of Food Price Volatility address these and other questions. They examine the forces driving both recent and historical patterns in food price volatility, as well as the effects of various public policies in affecting this volatility. The chapters include studies of the links between food and energy markets, the impact of biofuel policy on the level and variability of food prices, and the effects of weather-related disruptions in supply. The findings shed light on the way price volatility affects the welfare of farmers, traders, and consumers.
Illustrations: 53 line drawings, 55 tables
Publication: US
Imprint: University of Chicago Press
Returns: Returnable
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