RIEBセミナー　（BRICs科研プロジェクト共催）
RIEB Seminar （Jointly supported by Research Project on the Comparative Studies on BRICs Economies Sponsored by the MEXT）

日時：
（Date&Time)		 2008年7月15日（火）午後3時から (Tuesday, July 15, 2008, 3:00pm〜）
報告者：
（Speaker）		 今井　克 （IMAI Katsushi）
所属：
（Affiliation）		 マンチェスター大学経済学部
（Economics Department, School of Social Sciences, University of Manchester）
論題：
（Topic）		 Food and Oil Prices and their Implications for Rural Poverty
概要：
(Abstract)		 This study investigates the inter-relationships between food and oil prices, and an exogenous variable (rainfall). The analysis is based on monthly and annual price data for long periods at the global level. It is supplemented by similar analyses of annual food prices in China and India. While comovements of prices imply integration of different markets, their efficiency implications are far from obvious. First, there is robust evidence confirming comovements of different food prices. Second, oil price has a significant positive impact on agricultural commodity prices. Third, rainfall has a negative impact on agricultural commodity prices. Finally, in some cases, the price shocks are persistent but in several others they are short-lived. While these findings raise serious concerns about reversal of progress in rural poverty reduction, any temptation to draw pessimistic conclusions must be resisted. Much of course will depend on what governments in emerging economies and elsewhere do to promote smallholders, technical change and easier access to credit and insurance.
会場：
(Place)		 神戸大学経済学部　中会議室 （第3学舎1階）
Medium Meeting Room at the Department of Economics　(Third Building 1st floor)
対象：
（Intended Audience)		 教員、院生および同等の知識をお持ちの方
Faculty, Graduate Students and People with Equivalent Knowledge
使用言語：
（Language)		 英語
English
備考：
(Note)

論文のコピーは研究助成室にご用意しております。
Copies of the paper are available at Research Assistant Room.