Economics Commons^™

The Impact Of Biofuel Policies On Overshooting Of Agricultural Prices, Mahdi Asgari

Theses and Dissertations--Agricultural Economics

The Federal Reserve has increased nominal interest rates since early 2016. It is expected that commodity prices will drop in response to this monetary intervention. The overshooting hypothesis explains that commodity prices are more flexible than manufacturing prices and therefore are more volatile. In this situation, it is expected that agricultural commodities decline significantly (i.e., overshoot) and gradually return to their long-run equilibrium. This adjustment behavior has implications for income stability and financial viability of farmers.

This research contributes to the overshooting literature by including the energy sector in the overshooting model. The interlinks between energy and other sectors in …

A Review And Analysis Of Agricultural Prices In Nigeria, 1977 - 1993, O. O. Akanji, E. U. Ukeje

Economic and Financial Review

This paper reviews and analyses the various prices that have been in existence in the agricultural sector since the re-organization of the produce marketing system in 1977 to the present free market system. It was observed that a close relationship existed between the market prices and the determined prices. However, some upward revisions in the official prices were found to be neither rational nor based on any concrete study. Moreso, most commodities were implicitly taxed during the period 1977-1985. The increases in the prices recorded between 1986 1993 due to market liberalization had an added problem of marketing. The domestic …