Research Article

The Effect Of Grain Prices On Food Inflation: A Forward-Looking Evaluation Among The Russia-Ukraine Conflict

Volume: 27 Number: 3 June 30, 2024
TR EN

The Effect Of Grain Prices On Food Inflation: A Forward-Looking Evaluation Among The Russia-Ukraine Conflict

Abstract

The present study investigates how grain prices have been affecting food inflation in the wake of the recent pandemic and the ongoing Russia-Ukraine conflict. This study examines the effects on inflation of the limitations on exports of wheat, barley and corn products by Russia and Ukraine on the food inflation in Asia and North Africa by using cointegration test. Drawing upon monthly data from the 2000:01–2020:08 period, the study reveals that the food price index and grain prices in both Asia and North Africa are cointegrated in the long term, and that in both country groups wheat price increases in particular are triggering an increase in food prices.

Keywords

References

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Details

Primary Language

English

Subjects

Agricultural Economics (Other)

Journal Section

Research Article

Early Pub Date

March 11, 2024

Publication Date

June 30, 2024

Submission Date

April 28, 2023

Acceptance Date

November 2, 2023

Published in Issue

Year 2024 Volume: 27 Number: 3

APA
Türkoğlu, M., & Durgun, A. (2024). The Effect Of Grain Prices On Food Inflation: A Forward-Looking Evaluation Among The Russia-Ukraine Conflict. Kahramanmaraş Sütçü İmam Üniversitesi Tarım Ve Doğa Dergisi, 27(3), 656-664. https://doi.org/10.18016/ksutarimdoga.vi.1289252

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