- GSI Journals Serie B: Advancements in Business and Economics
- Vol: 3 Issue: 1
- The Impact of Oil Price and Exchange Rate on Agricultural Commodity Prices:Evidence from Turkey
The Impact of Oil Price and Exchange Rate on Agricultural Commodity Prices:Evidence from Turkey
Authors : Almabrok F Ahmid
Pages : 1-15
Doi:10.5281/zenodo.4030139
View : 9 | Download : 5
Publication Date : 2020-09-15
Article Type : Research
Abstract :These days, the increasing of the food price is global issue which led to global food crisis, moreover Turkey affected by rising world food prices and internal dynamic. In this paper the researchers examine the long-term relationship between Oil Price and Exchange Rate on Agricultural Commodity Prices (Wheat, Barley, Oat, rye and Corn). Evidence from Turkey. This examination is based upon the data set covering the yearly period of 1969 to 2019. By using time series analysis the empirical results show that Oil Price and Exchange Rate affected Agricultural Commodity Prices positively. Keywords: Oil Price, Exchange Rate, Agricultural Commodity Price. JEL Codes: Q41, F31, Q14.Keywords : Oil Price, Exchange Rate, Agricultural Commodity Prices