Compartir
Título
Commodity price pass‑through along the pricing chain
Autor(es)
Materia
Commodity price pass-through
Producer prices
Consumer prices
Clasificación UNESCO
5308.02 Comportamiento del Consumidor
5304 Actividad Económica
Fecha de publicación
2021
Editor
Springerlink
Citación
Jiménez-Rodríguez, R., Morales-Zumaquero, A ,(2022). Commodity price pass-through along the pricing chain. Rev World Econ 158, 109–125 . https://doi.org/10.1007/s10290-021-00425-2
Resumen
[EN] This paper analyses the commodity price pass-through along the pricing chain
for the global commodity price index and the indices of its main categories (i.e.,
agricultural raw materials, food and beverages, energy and metals) in the world,
advanced and emerging economies. To do so, the study considers country-by-country vector autoregression models and pool the results by taking weighted means for
18 advanced economies and 19 emerging countries, as well as for the world (defned
as the sum of advanced and emerging economies). The results show the following:
(i) there is evidence in favour of partial pass-through from commodity prices to producer prices, although the evidence for the pass-through to consumer prices is less
evident; (ii) the pass-through in the world seems to be led by both advanced and
emerging countries for producer prices and only by advanced economies for consumer prices; (iii) higher prices in the four categories (agricultural raw materials
only in the short-run) induce signifcant higher producer prices in almost all cases,
with shocks in the prices of energy and metals showing the largest efects; and (iv)
energy prices explain the highest variability of producer and consumer prices.
URI
DOI
10.1007/s10290-021-00425-2
Versión del editor
Colecciones
Patrocinador
Publicación en abierto financiada por el Consorcio de Bibliotecas Universitarias de Castilla y León (BUCLE), con cargo al Programa Operativo 2014ES16RFOP009 FEDER 2014-2020 DE CASTILLA Y LEÓN, Actuación:20007-CL - Apoyo Consorcio BUCLE
Ficheros en el ítem
Tamaño:
634.7Kb
Formato:
Adobe PDF
Excepto si se señala otra cosa, la licencia del ítem se describe como Attribution-NonCommercial-NoDerivatives 4.0 Internacional
Ítems relacionados
Mostrando ítems relacionados por Título, autor o materia.
-
Los paraísos fiscales, refugio de la elusión y evasión fiscal
Leal Cañada, Gloria (2017-06)Trabajo fin de grado