Food Financialization: Impact of Derivatives and Index Funds on Agri-Food Market Volatility

Venegas, María del Rosario; Feregrino, Jorge; Lay, Nelson; Espinosa-Cristia, Juan Felipe

doi:10.3390/ijfs12040121

Food Financialization: Impact of Derivatives and Index Funds on Agri-Food Market Volatility

This study explores the financialization of agricultural commodities, focusing on how financial derivatives and index funds impact the volatility of agro-food markets. Using a Dynamic Conditional Correlation (DCC) GARCH model, we analyze volatility spillovers among key agricultural commodities, p…