WASET
	@article{(Open Science Index):https://publications.waset.org/pdf/10001097,
	  title     = {The Effect of Oil Price Uncertainty on Food Price in South Africa},
	  author    = {Goodness C. Aye},
	  country	= {},
	  institution	= {},
	  abstract     = {This paper examines the effect of the volatility of oil
prices on food price in South Africa using monthly data covering the
period 2002:01 to 2014:09. Food price is measured by the South
African consumer price index for food while oil price is proxied by
the Brent crude oil. The study employs the GARCH-in-mean VAR
model, which allows the investigation of the effect of a negative and
positive shock in oil price volatility on food price. The model also
allows the oil price uncertainty to be measured as the conditional
standard deviation of a one-step-ahead forecast error of the change in
oil price. The results show that oil price uncertainty has a positive
and significant effect on food price in South Africa. The responses of
food price to a positive and negative oil price shocks is asymmetric.
},
	    journal   = {International Journal of Economics and Management Engineering},
	  volume    = {9},
	  number    = {5},
	  year      = {2015},
	  pages     = {1380 - 1385},
	  ee        = {https://publications.waset.org/pdf/10001097},
	  url   	= {https://publications.waset.org/vol/101},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 101, 2015},
	}