Are we moving towards functioning agricultural markets and trade relations?
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Are we moving towards functioning agricultural markets and trade relations? / Brosig, Stephan; Glauben, Thomas; Levkovych, Inna; Prehn, Sören; Teuber, Ramona.
In: Journal of Agricultural Economics, Vol. 67, No. 3, 2016, p. 677–684 .Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Are we moving towards functioning agricultural markets and trade relations?
AU - Brosig, Stephan
AU - Glauben, Thomas
AU - Levkovych, Inna
AU - Prehn, Sören
AU - Teuber, Ramona
PY - 2016
Y1 - 2016
N2 - We introduce a special feature on the functioning of international agricultural markets. This feature is motivated by the increased interest in the functioning of commodity markets raised by unprecedented price turbulences since 2008, major structural changes through changed roles of emerging economies and related concerns regarding food security. We argue that the delineation of non-functioning markets from markets that adequately adjusted to adverse framework conditions lacks theoretical foundation. We discuss the relevance of some results on institutions for agricultural markets in emerging and transition countries. A synthesis of the articles included in the special feature is provided by highlighting the selection of topics that span a topical range covering price formation on world and domestic markets, market power and trade policy modelling.
AB - We introduce a special feature on the functioning of international agricultural markets. This feature is motivated by the increased interest in the functioning of commodity markets raised by unprecedented price turbulences since 2008, major structural changes through changed roles of emerging economies and related concerns regarding food security. We argue that the delineation of non-functioning markets from markets that adequately adjusted to adverse framework conditions lacks theoretical foundation. We discuss the relevance of some results on institutions for agricultural markets in emerging and transition countries. A synthesis of the articles included in the special feature is provided by highlighting the selection of topics that span a topical range covering price formation on world and domestic markets, market power and trade policy modelling.
KW - Market functioning
KW - Transition countries
U2 - 10.1111/1477-9552.12183
DO - 10.1111/1477-9552.12183
M3 - Journal article
AN - SCOPUS:84978998557
VL - 67
SP - 677
EP - 684
JO - Journal of Agricultural Economics
JF - Journal of Agricultural Economics
SN - 0021-857X
IS - 3
ER -
ID: 164858194