Reviving the Competitive Storage Model : A Holistic Approach to Food Commodity Prices /

We revive in this paper the empirical relevance of the competitive storage model by taking a holistic approach to food commodity prices. We augment the seminal Deaton and Laroque (1992, 1996) model by incorporating more comprehensive and realistic supply and demand factors: output and demand trends,...

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Bibliographic Details
Main Author: Funke, Norbert
Other Authors: Miao, Yanliang, Wu, Weifeng
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/064
Online Access:Full text available on IMF