2026-09-22T18:12:43Z https://www.ideals.illinois.edu/oai-pmh

oai:www.ideals.illinois.edu:2142/109467 2023-07-11 col_2142_5131 col_2142_13851 com_2142_5130 com_2142_684 com_2142_397

Made available in DSpace on 2021-03-05T21:40:31Z (GMT). No. of bitstreams: 2 LALLEMANT-THESIS-2020.pdf: 2609046 bytes, checksum: 0ea01ab3786f4351ecb75442e0e5ae36 (MD5) LICENSE.txt: 4211 bytes, checksum: e30ba4aaf5887ace3f5f60488c959cb5 (MD5) Previous issue date: 2020-09-08 Embargo set by: Seth Robbins for item 117171 Lift date: 2023-03-05T21:40:52Z Reason: Author requested U of Illinois access only (OA after 2yrs) in Vireo ETD system Embargo set by: Seth Robbins for item 117171 Lift date: 2023-03-05T21:43:00Z Reason: Author requested U of Illinois access only (OA after 2yrs) in Vireo ETD system Author requested U of Illinois access only (OA after 2yrs) in Vireo ETD system U of I Only application/pdf http://hdl.handle.net/2142/109467 en Copyright 2020 Tess Lallemant Baylis, Kathy Lallemant, Tess 2021-03-05T21:40:31Z 2021-03-05T21:40:31Z 2023-03-05T21:43:00Z 2020-09-08 2020-12 Volatile food prices can bring about economic and civil unrest (Bellemare 2015; Fjelde 2014; Weinberg and Bakker 2015). Many staple commodities, such as maize, are subject price volatility driven by climate shocks, which are expected to become more extreme with climate change (Tigchelaar et al., 2018). International trade, however, can theoretically mitigate the effect of local production shocks on local prices, while making local prices more vulnerable to global supply shocks. Using a novel data set of monthly price data from nearly 600 geocoded markets in Africa, Latin America and Asia, linked to remotely-sensed weather data by local cropped area and season, I study how trade-openness can mitigate or exacerbate the effects of climate shocks on the price of maize. I first establish that a local weather shock is associated with an increase in maize prices. Adding in trade data, I then find that increased trade distortion, whether incentivizing or dis-incentivizing producers, amplifies the maize price increases associated with a weather extreme. Submission published under a 24 month embargo labeled 'U of I Access', the embargo will last until 2022-12-01 The student, Tess Lallemant, accepted the attached license on 2020-08-31 at 09:49. The student, Tess Lallemant, submitted this Thesis for approval on 2020-08-31 at 09:54. This Thesis was approved for publication on 2020-09-08 at 15:02. DSpace SAF Submission Ingestion Package generated from Vireo submission #15790 on 2021-03-04 at 16:18:30 Maize prices Trade Policies Climate Shocks Maize prices, trade and climate shocks - do trade policies mitigate the effects of climate shocks on maize prices? text Thesis Agr & Consumer Economics Agricultural & Applied Econ University of Illinois at Urbana-Champaign Thesis M.S.