Ontology highlight
ABSTRACT:
SUBMITTER: Distefano T
PROVIDER: S-EPMC6472543 | biostudies-literature | 2019 May
REPOSITORIES: biostudies-literature
Distefano Tiziano T Chiarotti Guido G Laio Francesco F Ridolfi Luca L
Ecological economics : the journal of the International Society for Ecological Economics 20190501
Global food prices are typically analysed in a time-series framework. We complement this approach by focusing on the spatial price dispersion of the country-pair bilateral trade in the international food trade network (<i>IFTN</i>), for ten relevant commodities. The main purposes are to verify if the Law of One Price (<i>LOP</i>) holds and to investigate the emergence of randomness in the price-formation mechanism. We distinguish between the "internal" variance, which indicates the magnitude of ...[more]