http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
evolution, challenges, and policies / edited by John Baffes and Peter Nagle
1 online resource ( xxix, 261 pages) : color illustrations.
Cover -- Half Title -- Title Page -- Copyright Page -- Summary of Contents -- Table of Contents -- Foreword -- Acknowledgments -- Authors -- Executive Summary -- Abbreviations -- Overview -- Motivation -- Main findings and policy challenges -- Synopsis -- Future research directions -- References -- Chapter 1 The Evolution of Commodity Markets over the Past Century -- Introduction -- Energy -- Metals -- Agriculture supply and demand -- Agricultural policies -- Conclusion -- References -- Chapter 2 Commodity Demand: Drivers, Outlook, and Implications -- Introduction
Classifying the determinants of commodity demand -- Modeling commodity demand -- Conclusions and policy implications -- References -- Chapter 3 The Nature and Drivers of Commodity Price Cycles -- Introduction -- Explaining commodity price variability: Transitory versus permanent components -- What have been the main drivers of common cycles in commodity prices? -- Conclusion -- Annex 3A: Decomposing commodity prices into cycles and long-term trends -- Annex 3B: FAVAR: Methodology -- References -- Chapter 4 Causes and Consequences of Industrial Commodity Price Shocks -- Introduction
EMDEs' reliance on commodities -- Sources of metal price fluctuations -- Macroeconomic impact of metal price shocks -- Conclusion and policy implications -- Annex 4A: Stylized facts: Data -- Annex 4B: SVAR: Methodology and data -- Annex 4C: SVAR: Robustness tests -- Annex 4D: Local projection estimation: Methodology and data -- References -- Boxes -- 1.1 Comparing the effects of the war in Ukraine on commodity markets with the effects of earlier shocks -- 1.2 Industrialization of China and commodity demand in historical context -- 1.3 The development of price benchmarking in commodity markets
1.4 The rise and collapse of international supply management -- 2.1 Urbanization and commodity demand -- 2.2 Substitution among commodities: Reversible and permanent shifts -- 2.3 The energy transition: Causes and prospects -- 3.1 Evolution of commodity cycles -- 3.2 Commodity price comovement and the impact of COVID-19 -- Figures -- O.1 Overview -- O.2 Real prices of key commodities -- O.3 Policy improvements in recent years -- O.4 Evolution of commodity markets -- O.5 Commodity demand -- O.6 Evolution of commodity price cycles -- O.7 Causes and consequences of industrial commodity price shocks
1.1 Energy markets -- 1.2 Crude oil: Historical developments -- 1.3 Crude oil: Developments since 2000 -- 1.4 Coal -- B1.1.1 Market responses to price shocks -- B1.1.2 Effects of price shocks on production and consumption -- 1.5 Natural gas -- 1.6 Nuclear and renewables -- 1.7 Drivers of metal prices since 1900 -- 1.8 Real metal prices -- 1.9 Production of metals since 1900 -- B1.2.1 Changes in the composition and intensity of industrial commodity demand -- B1.2.2 Commodity demand during major industrialization periods -- B1.2.3 Consumption of industrial commodities per capita and income per capital
Washington, DC : World Bank Group, [2022]