The anatomy of three commodity booms

By M. Radetzki. 2006

237 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/122b9b371eb93fc0acb853b270c707ea926bb013

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Citations in the corpus

Dynamic spillovers between commodity and currency markets (2015, background): “The observed steep rise in the commodity prices has spurred a heated debate in the literature, with major drivers being (i) the 2003−2008 business cycle expansion in the global economy (Radetzki, 2006), with industrial metals being used as inputs in industrial production processes (Issler et al.”
Commodity Booms and Busts (2011, background): “Radetzki (2006) argues that aggregate demand growth played a key role in both the 1973–1974 and 2007–2008 commodity price booms.”
Super Cycles of Commodity Prices Since the Mid-Nineteenth Century (2013, background): “Studying the macroeconomic contexts of the three major booms since the Second World War, Radetzki shows that demand shocks have generally been the trigger (Radetzki, 2006).”
The Economics of Grain Price Volatility (2011, background): “In fact of the three commodity booms involving agriculture, metals and energy since World War II identified by Radetzki (2006) and cited by Baffes and Haniotis, the last is the only one that has been led by oil price rises, and the first did not involve oil at all.”
Food Price Surges: Possible Causes, Past Experience, and Longer Term Relevance (2008, background): “In the 1970s, the conflict in the Middle East and OPEC’s reduction in output reinforced the effects of such price rises (Radetzki 2006).”
Super Cycles in Real Metals Prices? (2008, background): “Good examples of the former approach include Heap (2005), (2007), Maxwell (1999), Radetzki (2006), and Tilton (2006).”
Exploring the time-frequency connectedness and network among crude oil and agriculture commodities V1 (2019, methodology): “…of the relationship between oil and agriculture ommodities, or that between oil and global food prices, are ndertaken using a linear framework (see Rafiq and Bloch, 2016). ost of them investigate the long-run relationship between these ategories of assets using a vector autoregression (VAR) or a…”
Fuelling exclusion? The biofuels boom and poor people's access to land. (2008, background): “Analysis of the three major commodity booms in recent history (1950-51, 1973-74 and 2004-present) shows that all three were triggered by demand shocks, but otherwise have had different and complex sets of causes (Radetzki, 2006).”
How to Understand High Food Prices (2010, background): “Many commentators have noted the parallels with between the 1973-74 and 2005-08 commodity price booms – see, for example, Radetzki (2006). History should not be expected to repeat itself precisely but the important lesson is that, as in 2006-08, the 1973-74 boom in agricultural prices in 1973-74 occ”
How Important are Sectoral Shocks (2014, background): “See Cooper and Lawrence (1975) and Radetzki (2006) for two accounts of this commodity price boom.”