Are We Moving Towards Functioning Agricultural Markets and Trade Relations?
介绍了一个关于国际农产品市场运作的专题，探讨了2008年以来价格波动、新兴经济体角色变化及粮食安全问题，分析了市场失灵与制度调整的理论基础，并总结了专题中关于价格形成、市场力量和贸易政策建模的研究。
Abstract We introduce a special feature on the functioning of international agricultural markets. This feature is motivated by the increased interest in the functioning of commodity markets raised by unprecedented price turbulences since 2008, major structural changes through changed roles of emerging economies and related concerns regarding food security. We argue that the delineation of non‐functioning markets from markets that adequately adjusted to adverse framework conditions lacks theoretical foundation. We discuss the relevance of some results on institutions for agricultural markets in emerging and transition countries. A synthesis of the articles included in the special feature is provided by highlighting the selection of topics that span a topical range covering price formation on world and domestic markets, market power and trade policy modelling.