Theoretical and Applied Economics (Dec 2022)
The Russia-Ukraine invasion toward increasing food security threat for population: An empirical study using T-GARCH model
Abstract
The aim of the present paper is testing the impact of the Ukraine-Russia invasion on food security. To achieve our investigation a daily data was used for the period of 20th September 2020 to 20th September 2022 using most vulnerable commodities to this geopolitics risks. Primary findings under T-GARCH model concluded that the variables highly affect by the bad news including both of the Covid-19 pandemic following by the Ukraine war in the edge of 2022. This finding confirmed what was stated in the global reports about the food insecurity risk which has become a real threat for the population.
