Can Global Economic Policy Uncertainty Drive the Interdependence of Agricultural Commodity Prices? Evidence from Partial Wavelet Coherence Analysis

<div>The left side plots bivariate wavelet coherence between commodity markets. The right side illustrates the plots of partial wavelet coherence between commodities markets when the effect of global economic policy is removed.</div>

Complexity

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Figure 2

Figure 2: Can Global Economic Policy Uncertainty Drive the Interdependence of Agricultural Commodity Prices? Evidence from Partial Wavelet Coherence Analysis 

Figure 2 | Can Global Economic Policy Uncertainty Drive the Interdependence of Agricultural Commodity Prices? Evidence from Partial Wavelet Coherence Analysis 