Changing patterns of variability in cereal prices and production

The substantial growth in world cereal production of the past two and onehalf decades has been accompanied by a widening band of variability around the trend. Although each trough in production has been consistently higher than in all previous downturns, the probability that aggregate production can...

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Detalles Bibliográficos
Autor principal: Hazell, Peter B. R.
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1988
Materias:
Acceso en línea:https://hdl.handle.net/10568/161120
Descripción
Sumario:The substantial growth in world cereal production of the past two and onehalf decades has been accompanied by a widening band of variability around the trend. Although each trough in production has been consistently higher than in all previous downturns, the probability that aggregate production can fall substantially below trend has increased since the 1960s.