Agricultural marketing: structural models for price analysis /
by James Vercammen.
- Abingdon, Oxon; New York: Routledge, c2011.
- xiv, 222 p.: ill.; 24 cm.
- Routledge textbooks in environmental and agricultural economics .
Includes bibliographical references and index.
Introduction -- Prices over space -- Prices over time (storage) -- Prices over time (commodity futures) -- Prices over form (quality) -- Prices linkages across commodity markets -- Marketing margins in vertical supply chains -- Auctions and competitive bidding -- Bargaining in bilateral exchange.
The price of food has become very volatile in recent years for a variety of reasons, including a strengthened connection between the prices of agricultural commodities and other commodities such as oil and metals, more volatile production due to more frequent droughts and floods, and a rising demand for biofuels. Understanding the determinants of agricultural commodity prices and the connections between prices has become a high priority for academics and applied economists who are interested in agricultural marketing and trade, policy analysis and international rural development. This book buil.