Nexus of energy and food nutrition prices in oil importing and exporting countries: A panel VAR model

This study explores the relationship between energy and food nutrition prices through calorie, fat, protein, crude oil price links in case of eight net importing (U.S., Korea, China, Japan) exporting (Canada, Saudi Arabia, United Arab Emirate, Iran) countries. For this purpose, we use a Panel-VAR model with data for 1974–2018 period. The results show that effects shocks on are different two groups These effects, countries, initially declining then adjusts over several periods while they incremental meaningful In addition, real gross domestic product (GDP) exchange rates statistically significant have no direct effect calorie fat suggest price, income, rate policies play an effective role controlling hunger levels improving security oil-exporting