Journal article

Authors list: Brosig, S; Glauben, T; Levkovych, I; Prehn, S; Teuber, R

Publication year: 2016

Pages: 677-684

Journal: Journal of Agricultural Economics

Volume number: 67

Issue number: 3

ISSN: 0021-857X

DOI Link: https://doi.org/10.1111/1477-9552.12183

Publisher: Wiley

Abstract: 
We introduce a special feature on the functioning of international agricultural markets. This feature is motivated by the increased interest in the functioning of commodity markets raised by unprecedented price turbulences since 2008, major structural changes through changed roles of emerging economies and related concerns regarding food security. We argue that the delineation of non-functioning markets from markets that adequately adjusted to adverse framework conditions lacks theoretical foundation. We discuss the relevance of some results on institutions for agricultural markets in emerging and transition countries. A synthesis of the articles included in the special feature is provided by highlighting the selection of topics that span a topical range covering price formation on world and domestic markets, market power and trade policy modelling.

Harvard Citation style: Brosig, S., Glauben, T., Levkovych, I., Prehn, S. and Teuber, R. (2016) Are We Moving Towards Functioning Agricultural Markets and Trade Relations?, Journal of Agricultural Economics, 67(3), pp. 677-684. https://doi.org/10.1111/1477-9552.12183

APA Citation style: Brosig, S., Glauben, T., Levkovych, I., Prehn, S., & Teuber, R. (2016). Are We Moving Towards Functioning Agricultural Markets and Trade Relations?. Journal of Agricultural Economics. 67(3), 677-684. https://doi.org/10.1111/1477-9552.12183