Show/Hide Menu
Hide/Show Apps
Logout
Türkçe
Türkçe
Search
Search
Login
Login
OpenMETU
OpenMETU
About
About
Open Science Policy
Open Science Policy
Open Access Guideline
Open Access Guideline
Postgraduate Thesis Guideline
Postgraduate Thesis Guideline
Communities & Collections
Communities & Collections
Help
Help
Frequently Asked Questions
Frequently Asked Questions
Guides
Guides
Thesis submission
Thesis submission
MS without thesis term project submission
MS without thesis term project submission
Publication submission with DOI
Publication submission with DOI
Publication submission
Publication submission
Supporting Information
Supporting Information
General Information
General Information
Copyright, Embargo and License
Copyright, Embargo and License
Contact us
Contact us
The Effects of exchange rates, oil prices, global risk perceptions and global warming on food prices
Download
index.pdf
Date
2012
Author
Dağdelen, Derya
Metadata
Show full item record
Item Usage Stats
239
views
103
downloads
Cite This
This thesis examines the relationship between food prices, oil prices, carbon emission prices, exchange rates and global risk perception. To obtain the effects of these variables on the food prices, Toda and Yamamoto procedure is employed for 5-day week daily time series covering the period February 27, 2008 and March 21, 2011. The empirical results indicate that only volatility index Granger causes food prices. Furthermore, according to results of generalized impulse response plots food prices respond to all variables in the short run.
Subject Keywords
Food prices.
,
Petroleum products
,
Foreign exchange rates .
,
International trade.
URI
http://etd.lib.metu.edu.tr/upload/12614969/index.pdf
https://hdl.handle.net/11511/21899
Collections
Graduate School of Social Sciences, Thesis
Suggestions
OpenMETU
Core
The impact of crude oil prices on financial market indicators: copula approach
Kayalar, Derya Ezgi; KÜÇÜKÖZMEN, CUMHUR ÇOŞKUN; Kestel, Sevtap Ayşe (2017-01-01)
Oil price changes have varying impacts on the financial indicators of global markets and economies. This study aims to explore the dependence structure between crude oil prices and stock market indices, as well as the exchange rates in a number of economies categorized with respect to their status as developing/emerging markets, and oil importer/exporter countries. Dependence structures in this study are evaluated in considerable depth using copula models. The broad time period covered allows the investigat...
The relationship between stock returns crude oil prices interest rates and output evidence from a developing economy
Sarı, Ramazan; Soytaş, Uğur (2006-07-01)
In this paper we investigate the impact of oil price shocks on the macroeconomy of a developing country, Turkey. In the literature, a number of studies examine the affects of the innovations in oil prices in developed countries. Their results suggest that the oil price changes are important factors in explaining the variation in GDP, inflation, employment, and real stock returns. Only recently, the same effect has been investigated for developing countries. To the extent of our knowledge, no study has exam...
Oil price, agricultural commodity prices, and the dollar: A panel cointegration and causality analysis
NAZLIOĞLU, ŞABAN; Soytaş, Uğur (2012-07-01)
This study examines the dynamic relationship between world oil prices and twenty four world agricultural commodity prices accounting for changes in the relative strength of US dollar in a panel setting. We employ panel cointegration and Granger causality methods for a panel of twenty four agricultural products based on monthly prices ranging from January 1980 to February 2010. The empirical results provide strong evidence on the impact of world oil price changes on agricultural commodity prices. Contrary to...
World oil prices and agricultural commodity prices: Evidence from an emerging market
NAZLIOĞLU, ŞABAN; Soytaş, Uğur (2011-05-01)
Oil prices are thought to have direct effect on agricultural prices followed by an indirect effect through the exchange rate. This paper examines the short- and long-run interdependence between world oil prices, lira-dollar exchange rate, and individual agricultural commodity prices (wheat, maize, cotton, soybeans, and sunflower) in Turkey. To this end, the Toda-Yamamoto causality approach and generalized impulse-response analysis for identification of the long- and short-run interrelationships are applied ...
Volatility Spillover from Oil to Food and Agricultural Raw Material Markets
Kaltalıoğlu, Müge; Soytaş, Uğur (2011-05-01)
The upward movement in oil and food prices in the 2000s has attracted interest in the information transmission mechanism between the two markets. This paper investigates the volatility spillover between oil, food consumption item, and agricultural raw material price indexes for the period January 1980 to April 2008.The results of the Cheung-Ng procedure show that variation in oil prices does not Granger cause the variance in food and agricultural raw material prices. Since there is no volatility spillover f...
Citation Formats
IEEE
ACM
APA
CHICAGO
MLA
BibTeX
D. Dağdelen, “The Effects of exchange rates, oil prices, global risk perceptions and global warming on food prices,” M.B.A. - Master of Business Administration, Middle East Technical University, 2012.