Does Climate Change Cause an Upsurge in Food Prices?

dc.authoridKartal, Mustafa Tevfik/0000-0001-8038-8241
dc.authoridPata, Ugur Korkut/0000-0002-2853-4106
dc.authoridErdogan, Sinan/0000-0003-3491-8234
dc.contributor.authorErdogan, Sinan
dc.contributor.authorKartal, Mustafa Tevfik
dc.contributor.authorPata, Ugur Korkut
dc.date.accessioned2024-09-18T20:25:10Z
dc.date.available2024-09-18T20:25:10Z
dc.date.issued2024
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractClimate change is the reason behind most contemporary economic problems. The rising inflationary pressures in the food sector are one of these problems, and stable food prices are a necessity for economic development and social cohesion in societies. Therefore, this study analyzes the relationship between food prices and climate change in Nigeria by using various non-linear and quantile-based methods and data from 2008m5 to 2020m12. The empirical findings indicate that (i) there is a time- and frequency-based dependence between food prices and some explanatory variables, including climate change (i.e., temperature). (ii) At higher quantiles, temperature, oil prices, food exports, monetary expansion, global food prices, agricultural prices, and fertilizer prices stimulate food prices. (iii) The increase in food prices due to the rise in temperature and the difficulties in agriculture indicate that the heatflation phenomenon is present in Nigeria. The evidence outlines that Nigerian decisionmakers should adopt a national food security policy that considers environmental, agricultural, and monetary factors to stabilize food prices.en_US
dc.identifier.doi10.3390/foods13010154
dc.identifier.issn2304-8158
dc.identifier.issue1en_US
dc.identifier.pmid38201183en_US
dc.identifier.scopus2-s2.0-85182647787en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.urihttps://doi.org/10.3390/foods13010154
dc.identifier.urihttps://hdl.handle.net/20.500.12483/10126
dc.identifier.volume13en_US
dc.identifier.wosWOS:001139309800001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.indekslendigikaynakPubMeden_US
dc.language.isoenen_US
dc.publisherMdpien_US
dc.relation.ispartofFoodsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectfood pricesen_US
dc.subjectclimate changeen_US
dc.subjectheatflationen_US
dc.subjectNigeriaen_US
dc.subjectnon-linear methodsen_US
dc.titleDoes Climate Change Cause an Upsurge in Food Prices?en_US
dc.typeArticleen_US

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