The Impact of Oil Price and Exchange Rate on Agricultural Commodity Prices:Evidence from Turkey

Yıl 2020, Cilt: 3 Sayı: 1, 1 - 15, 15.09.2020

Almabrok F Ahmid

https://doi.org/10.5281/zenodo.4030139

Öz

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.

Anahtar Kelimeler

Oil Price, Exchange Rate, Agricultural Commodity Prices

Kaynakça

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