One of the particular problems facing agribusiness firms is the relationship between commodity price risk (a source of business risk) and debt repayment ability (a source of financial risk). This study examines the use of commodity-linked loans applied to agricultural credits. A commodity-linked loan is a credit instrument whose payoff is contingent on the value of an underlying commodity or po...

in the present study, competitiveness of iranian pistachio exports and competitor countries in  the world market are studied. pistachio export advantage using indices of revealed comparative advantage (rca) approach and vector error correction model(vecm) based on  agricultural and non-petroleum export commodity basket were investigated separately. the results showed that iran has a comparative...

The study investigates the time-varying correlation between El Niño phenomenon and agricultural commodity markets by employing bootstrap full- sub-sample rolling-window Granger causality tests. We find that index (ENI) which measures intensity of phenomenon, has both positive negative impacts on prices (ACP). impact indicates may reduce output agriculture commodities, resulting in supply shorta...