ANALYSIS OF THE GLOBAL FOOD CRISIS IN INTERNATIONAL MARKETS BY THE ASYMMETRIC TVP-VAR METHOD

It is the expenditure on consumption that constitutes basic share of expenditures households supply labor as a factor production in an economy. These have indirect effect input costs companies demand factor. The change food prices determines both relative price structure economy and inflationary trend for future, depending changes goods markets. For this reason, make decisions producer decision unit are highly sensitive to commodity prices. A continuous permanent has direct impact investment decisions. This causes shocks may arise result turn into at same time. From point view, study investigates distribution volatility global prices, Baltic dry indices, crude oil which indicators trends inputs international Thus, mechanism spillover possible shock revealed level under restrictions asymmetric TVP-VAR approach.