Effects of International Grain Prices on Volatility of Domestic Grain Prices in 24 Developing Countries

文献类型： 外文期刊

第一作者： Yan, Shuqin

作者： Yan, Shuqin;Kameyama, Hiroshi;Qian, Jiarong

作者机构：

关键词： pricevolatility;GARCH model;international/domestic price

期刊名称：JOURNAL OF THE FACULTY OF AGRICULTURE KYUSHU UNIVERSITY （ 影响因子：0.327； 五年影响因子：0.413 ）

ISSN：

年卷期：

页码：

收录情况： SCI

摘要： This paper discusses transmission relationships of price volatility relationships between the international and domestic prices of three grains in 24 developing countries during 2005 to 2013, using a modified Generalized Auto Regressive Conditional Heteroskedasticity (GARCH) models. Findings indicate that the international price of rice exerts significant negative effects on the volatility of domestic rice prices in Burundi and Tunisia, and significant positive effects in Chad and Sri Lanka; in addition, international wheat prices have significant negative effects on the volatility of domestic wheat prices in Brazil and Mauritania; further, international prices for maize exert significant effects on the volatility of domestic maize prices in the Dominican Republic, Niger and the Philippines. Volatility in international rice price has significant positive impact on the volatility of rice prices in Nicaragua, however, it has a significant negative affect in Cape Verde; the volatility of international wheat price has significant positive influence in Georgia and Mauritania.

分类号： S

  • 相关文献
作者其他论文 更多>>

微信小程序