| Sumario: | This dataset contains replication data files for the paper "Price and Volatility Transmission from International to Domestic Food and Fertilizer Markets in Central America." The study analyzes how international prices affect domestic price levels and volatility for key food commodities and agricultural inputs in selected Central American countries.
The dataset includes time series data on domestic and international prices for 26 staple foods, cash crops, and agricultural inputs across seven Central American countries: Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Panama, and Nicaragua. It covers:
Staple foods essential to local diets: rice, beans, maize (corn), and wheat;
Major export crops: bananas and coffee;
Commonly used fertilizers: diammonium phosphate (DAP), urea, and ammonium nitrate.
Domestic prices were compiled from sources such as the Food and Agriculture Organization of the United Nations (FAO), the World Food Programme (WFP), and national market information systems. International prices were obtained from the FAO Statistical Database (FAOSTAT), Bloomberg, the International Coffee Organization, and the United States Department of Agriculture (USDA). All prices are reported in United States dollars (USD) and include monthly returns, enabling analysis of both price levels and price volatility.
The replication files include raw and processed price data; Stata or Matlab scripts used in the analysis. These materials are intended to allow full replication of the results reported in the paper and support further research on food price transmission and volatility in developing regions.
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