Food Price Bubbles: Food Price Indices of Turkey, the FAO, the OECD, and the IMF

Food price bubbles are a phenomenon in which the cost of some food items or commodities climbs quickly and unreasonably before collapsing due to reasons such as speculation, supply demand imbalances, meteorological occurrences, governmental actions. Governments academics keep an eye on prices spot address these bubbles. The aim this paper is analyze bubble despite global slowdown by examining its origins, consequences, policy solutions. study’s contribution lies investigation presence potential formation prices, have experienced surge globally particularly Turkey recent years. research examines behavior Turkey, FAO, OECD, IMF between 1992 2022 using ADF, SADF, GSADF tests. These tests can help identify when asset deviate significantly from their fundamental values may be at risk sharp correction. TUR, variables all show distinct formations, with TUR variable having 130 periods 1995 2006, FAO 8 OECD 12 different 4 formations. results indicate existence that demonstrate disparities inherent grounded market fundamentals.