Interdependence and contagion effects in agricultural commodities markets: A bibliometric analysis, implications, and insights for sustainable development Cover Image

Interdependence and contagion effects in agricultural commodities markets: A bibliometric analysis, implications, and insights for sustainable development
Interdependence and contagion effects in agricultural commodities markets: A bibliometric analysis, implications, and insights for sustainable development

Author(s): Thiago Pires Santana, Nicole Rebolo Horta, Mariana Chambino Ramos, Rui Manuel Teixeira Santos Dias, Rodrigo Nogueira Vasconcelos, Aloísio Machado da Silva Filho, Gilney Figueira Zebende
Subject(s): Agriculture, Energy and Environmental Studies
Published by: Instytut Badań Gospodarczych
Keywords: bibliometric analysis; financial econometrics; agricultural commodities interdependence; contagion effect;

Summary/Abstract: Research background: The global interdependence of financial markets due to globalization has resulted in standardized trading conditions for agricultural commodities, reducing the advantages of portfolio diversification. Recent events between 2020 and 2023 underscore the growing importance of real-time information for investors to make informed decisions in this interconnected financial landscape. Purpose of the article: This article aims to conduct a bibliometric review of the literature about market interdependence. We investigate the contagion effect on agricultural commodi- ties and identify commodities and methods used in the most cited publications from 1997 to 2022. Methods: A bibliometric analysis was developed, for this, the SCOPUS database was used, sorting with Rayyan, Excel, and finally, the Bibliometrix/R-project to extract bibliometric information from the database. Findings & value added: The analysis highlights the prominent role of certain countries in contributing to scientific research on this topic, with China and the United States being lead- ers, collectively producing 24.57% of all publications in the examined periods. The research underscores the global concern for sustainable development, emphasizing the scientific growth linked to this topic and its intersection with energy sources. Unlike other bibliometric studies, this research consolidates relevant methodologies employed in analyzing interde- pendence and contagion effects in agricultural commodities over the past decades. Addition- ally, it identifies the most studied commodities in these works. As the world grapples with the challenges of market interdependence, particularly in the wake of recent events between 2020 and 2023, this study underscores the importance of real-time information for informed deci- sion-making. The study suggests a shift towards cleaner and renewable energy sources in the coming years, anticipating increased investments in research and development.

  • Issue Year: 18/2023
  • Issue No: 4
  • Page Range: 907-940
  • Page Count: 34
  • Language: English
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