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Contribution Details
| Type | Bachelor's Thesis |
| Scope | Discipline-based scholarship |
| Title | The interdependence of energy, food and fertilizer prices and their effect on the Swiss food market |
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| Institution | University of Zurich |
| Faculty | Faculty of Business, Economics and Informatics |
| Date | 2023 |
| Abstract Text | This thesis aims to determine the influence of energy and fertilizer prices on the food basket components within the Swiss consumer price index (CPI). The study builds upon official data released by the World Bank, the administration of Switzerland, and the Food and Agriculture Organization of the United Nations. A Vector Autoregressive Model determines the influence of energy and fertilizer prices and forecasts resulting values. The study’s primary focus is whether a vector autoregressive model can quantify external shocks in the main variables of interest and their effects on the Swiss economy. The analysis finds that energy and fertilizer prices neither Granger cause Swiss food prices’ CPI level nor add benefit to a VAR model presented by the Swiss National Bank to predict Swiss inflation. |
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