Commodity price pass-through along the pricing chain

  1. Jiménez-Rodríguez, Rebeca 1
  2. Morales-Zumaquero, Amalia 2
  1. 1 Department of Economics, University of Salamanca, Campus Miguel de Unamuno
  2. 2 Department of Economics, University of Málaga, Campus El Ejido, 29071 Málaga, Spain
Review of World Economics

ISSN: 1610-2878

Year of publication: 2022

Pages: 109-125

Type: Article

DOI: 10.1007/S10290-021-00425-2 SCOPUS: 2-s2.0-85109260014 GOOGLE SCHOLAR

More publications in: Review of World Economics


Cited by

  • Scopus Cited by: 4 (27-09-2023)
  • Web of Science Cited by: 3 (24-09-2023)
  • Dimensions Cited by: 1 (09-03-2023)

JCR (Journal Impact Factor)

  • Year 2022
  • Journal Impact Factor: 1.7
  • Journal Impact Factor without self cites: 1.6
  • Article influence score: 0.623
  • Best Quartile: Q3
  • Area: ECONOMICS Quartile: Q3 Rank in area: 228/380 (Ranking edition: SSCI)
  • Area: INTERNATIONAL RELATIONS Quartile: Q3 Rank in area: 52/96 (Ranking edition: SSCI)

SCImago Journal Rank

  • Year 2022
  • SJR Journal Impact: 0.574
  • Best Quartile: Q1
  • Area: Economics, Econometrics and Finance (miscellaneous) Quartile: Q1 Rank in area: 100/449


  • Social Sciences: A

Scopus CiteScore

  • Year 2022
  • CiteScore of the Journal : 2.7
  • Area: Economics, Econometrics and Finance (all) Percentile: 74

Journal Citation Indicator (JCI)

  • Year 2022
  • Journal Citation Indicator (JCI): 0.68
  • Best Quartile: Q2
  • Area: ECONOMICS Quartile: Q2 Rank in area: 224/581
  • Area: INTERNATIONAL RELATIONS Quartile: Q3 Rank in area: 80/159


(Data updated as of 09-03-2023)
  • Total citations: 1
  • Recent citations: 1
  • Field Citation Ratio (FCR): 0.92


AbstractThis paper analyses the commodity price pass-through along the pricing chain for the global commodity price index and the indices of its main categories (i.e., agricultural raw materials, food and beverages, energy and metals) in the world, advanced and emerging economies. To do so, the study considers country-by-country vector autoregression models and pool the results by taking weighted means for 18 advanced economies and 19 emerging countries, as well as for the world (defined as the sum of advanced and emerging economies). The results show the following: (i) there is evidence in favour of partial pass-through from commodity prices to producer prices, although the evidence for the pass-through to consumer prices is less evident; (ii) the pass-through in the world seems to be led by both advanced and emerging countries for producer prices and only by advanced economies for consumer prices; (iii) higher prices in the four categories (agricultural raw materials only in the short-run) induce significant higher producer prices in almost all cases, with shocks in the prices of energy and metals showing the largest effects; and (iv) energy prices explain the highest variability of producer and consumer prices.

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