Publicatie - Studie, onderzoeksrapport, analyse
Economic Consequences of Global Agricultural Price Shifts Caused by Harvest and Weather Disruptions
Bron: repec.org
06-04-2021
Extreme weather events are known to be detrimental for local economic activity, but could also affect countries that are not directly exposed to the extreme weather conditions through global agricultural production shortfalls and price surges induced by such events. For a panel of 75 countries, we show that increases in global agricultural commodity prices that are caused by harvest disruptions or unfavourable weather conditions in other regions of the world significantly curtail economic activi…
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