Assessing the impact of commodity derivatives suspensions

8 Pages Posted: 9 Nov 2022

See all articles by Nidhi Aggarwal

Nidhi Aggarwal

Indian Institute of Management (IIMU), Udaipur

Tirtha Chatterjee

O.P. Jindal Global University - Jindal School of Government and Public Policy; Jindal School of Government and Public Policy

Karan Sehgal

Charles III University of Madrid

Date Written: September 16, 2022

Abstract

Food price inflation is a global concern. Countries across the world intervene in their food markets to ensure price stability since high prices have implications on food security, overall inflation, and can cause social unrest (Bellemare, 2015). Similar measures have been used by the Indian government. A unique intervention in this context relates to commodity derivatives suspension. We examine the impact of commodity derivatives suspensions on food prices in the context of two commodities. We do not find any evidence that commodity derivatives trading resulted in food price inflation for the two commodities examined in the study.

Keywords: Commodity derivatives, food policy

JEL Classification: Q18

Suggested Citation

Aggarwal, Nidhi and Chatterjee, Tirtha and Sehgal, Karan, Assessing the impact of commodity derivatives suspensions (September 16, 2022). Available at SSRN: https://ssrn.com/abstract=4261360 or http://dx.doi.org/10.2139/ssrn.4261360

Nidhi Aggarwal (Contact Author)

Indian Institute of Management (IIMU), Udaipur ( email )

Mohanlal Sukhadia University Campus
Udaipur, Rajasthan 313001
India

Tirtha Chatterjee

O.P. Jindal Global University - Jindal School of Government and Public Policy ( email )

O.P. Jindal Global University, Sonipat Narela Road
Near Jagdishpur Village
Sonipat, 131001
India

Jindal School of Government and Public Policy ( email )

Sonipat
Haryana
Sonipat, Haryana 131001
India

Karan Sehgal

Charles III University of Madrid ( email )

CL. de Madrid 126
Madrid, 28903
Spain

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