References [1] Guillouzouic-Le Corff, A. Did oil prices trigger an innovation burst in biofuels? Energy Economics, 2018, 75, 547–559. [2] Banse, M., Meijl, H. Van, Tabeau, A., Woltjer, G., Hellmann, F., Verburg, P.H. Impact of EU biofuel policies on world agricultural production and land use. Biomass and Bioenerg, 2010, 35, 2385–2390. [3] Renzaho, A.M.N., Kamara, J.K., Toole, M. Biofuel production and its impact on food security in low and middle income countries: Implications for the post-2015 sustainable development goals. Renewable and Sustainable Energy Reviews, 2017, 78, 503–516. [4] Kgathi, D.L., Mfundisi, K.B., Mmopelwa, G., Mosepele, K. Potential impacts of biofuel development on food security in Botswana: A contribution to energy policy, 2009. [5] Chakravorty, U., Hubert, M., Moreaux, M., Nøstbakken, L. Long‐run impact of biofuels on food prices. Scandinavian Journal of Economics, 2017, 119, 733–767. [6] Serra, T., Zilberman, D. Biofuel-related price transmission literature: A review. Energy Economics, 2013, 37, 141–151. [7] Taghizadeh-hesary, F., Rasoulinezhad, E., Yoshino, N. Volatility linkages between energy and food prices. Asian Development Bank Institute, 2018. [8] Ciaian, P., Kancs, d’Artis. Interdependencies in the energy-bioenergy-food price systems: A cointegration analysis. Resource and Energy Economics, 2011, 33, 326–348. [9] Baumeister, C., Kilian, L. Do oil price increases cause higher food prices? Economic Policy, 2014, 29, 691–747. [10] Dimitriadis, D., Katrakilidis, C. An empirical analysis of the dynamic interactions among ethanol, crude oil and corn prices in the US market. Annals of Operations Research, 2018. [11] Nazlioglu, S., Soytas, U. Oil price, agricultural commodity prices, and the dollar: A panel cointegration and causality analysis. Energy Economics, 2012, 34, 1098–1104. [12] Nazlioglu, S. World oil and agricultural commodity prices: Evidence from nonlinear causality. Energy Policy, 2011, 39, 2935–2943. [13] Avalos, F. Do oil prices drive food prices? The tale of a structural break. Journal of International Money and Finance, 2014, 42, 253–271. [14] Chiu, F.P., Hsu, C.S., Ho, A., Chen, C.C. Modeling the price relationships between crude oil, energy crops and biofuels. Energy, 2016, 109, 845–857. [15] Jadidzadeh, A., Serletis, A. The global crude oil market and biofuel agricultural commodity prices. Journal of Economic Asymmetries, 2018, e00094. [16] Amaiquema, J.R.P., Amaiquema, A.R.P. Consequences of oil and food price shocks on the Ecuadorian economy. International Journal of Energy Economics and Policy, 2017, 7, 146–151. [17] Ahmadi, M., Bashiri Behmiri, N., Manera, M. How is volatility in commodity markets linked to oil price shocks? Energy Economics, 2016, 59, 11–23. [18] Jawad, S., Shahzad, H., Hernandez, J.A., Al-yahyaee, K.H., Jammazi, R. Asymmetric risk spillovers between oil and agricultural commodities. Energy Policy, 2018, 118, 182–198. [19] Kilian, L. Oil Price Shocks: Causes and Consequences. 2014. [20] López Cabrera, B., Schulz, F. Volatility linkages between energy and agricultural commodity prices. Energy Economics, 2016, 54, 190–203. [21] Kapusuzoglu, A., Karacaer Ulusoy, M. The interactions between agricultural commodity and oil prices: An empirical analysis. Agricultural Economics (Zemědělská ekonomika), 2016, 61, 410–421. [22] Fernandez-Perez, A., Frijns, B., Tourani-Rad, A. Contemporaneous interactions among fuel, biofuel and agricultural commodities. Energy Economics, 2016, 58, 1–10. [23] Wang, Y., Wu, C., Yang, L. Oil price shocks and agricultural commodity prices. Energy Economics, 2014, 44, 22–35. [24] Fowowe, B. Do oil prices drive agricultural commodity prices? Evidence from South Africa. Energy, 2016, 104, 149–157. [25] Nazlioglu, S., Soytas, U. World oil prices and agricultural commodity prices: Evidence from an emerging market. Energy Economics, 2011, 33, 488–496. [26] Zhang, Z., Lohr, L., Escalante, C., Wetzstein, M. Food versus fuel: What do prices tell us? Energy Policy, 2010, 38, 445–451. [27] Nazlioglu, S. World oil and agricultural commodity prices: Evidence from nonlinear causality. Energy Policy, 2011, 39, 2935–2943. [28] Rosa, F., Vasciaveo, M. Agri-commodity price dynamics: The relationship between oil and agricultural market. In Proceedings of a paper presented at the International Association of Agricultural Economists (IAAE) Triennial Conference, Foz do Iguaçu, Brazil, 2012, pp. 18–24. [29] Diks, C., Panchenko, V. A new statistic and practical guidelines for nonparametric Granger causality testing. Journal of Economic Dynamics and Control, 2006, 30, 1647–1669. [30] Chang, C.-L., Li, Y.-Y. and McAleer, M. Volatility spillovers between energy and agricultural markets: A critical appraisal of theory and practice. Energies, 2018, 11 (6:1595), 1–19. [31] Chang, C.-L., McAleer, M., Wang, Y.-A. Modelling volatility spillovers for bio-ethanol, sugarcane and corn spot and futures prices. Renewable and Sustainable Energy Reviews, 2018, 81 (1), 1002-1018. [32] Nazlioglu, S., Erdem, C., Soytas, U. Volatility spillover between oil and agricultural commodity markets. Energy Economics, 2013, 36, 658–665. [33] Hafner, C.M., Herwartz, H. A Lagrange multiplier test for causality in variance. Economics Letters, 2006, 93, 137–141. [34] Chang, C.-L., McAleer, M. A simple test for causality in volatility, Econometrics, 2017, 5 (1:15), 1–5. [35] Adam, P., Saidi, L.O., Tondi, L., Ode, L., Sani, A. The causal relationship between crude oil price, exchange rate and rice price. International Journal of Energy Economics and Policy, 2018, 8, 90–94. [36] Chen, P.-Y., Chang, C.-L., Chen, C.-C., McAleer, M. Modelling the effects of oil prices on global fertilizer prices and volatility, Journal of Risk and Financial Management, 2012, 5, 78–114. [37] Lucotte, Y. Co-movements between crude oil and food prices: A post-commodity boom perspective. Economics Letters, 2016, 147, 142–147. [38] Paris, A. On the link between oil and agricultural commodity prices: Do biofuels matter? International Economics, 2018, 155, 48–60. [39] Choi, I. Testing linearity in cointegrating smooth transition regressions. Econometrics Journal, 2004, 7, 341–365. [40] Kilian, L. Not all oil price shocks are alike: Disentangling demand and supply shocks in the crude oil market. American Economic Review, 2009, 99, 1053–1069. [41] Qiu, C., Colson, G., Escalante, C., Wetzstein, M. Considering macroeconomic indicators in the food before fuel nexus, 2012, 34, 2021–2028. [42] Mcphail, L.L. Assessing the impact of US ethanol on fossil fuel markets : A structural VAR approach. Energy Economics, 2011, 33, 1177–1185. [43] Perron, P., Vogelsang, T.J. Nonstationarity and level shifts with an application to purchasing power parity. Journal of Business & Economic Statistics, 1992, 10, 301–320. [44] Clemente, J., Montañés, A., Reyes, M. Testing for a unit root in variables with a double change in the mean. Economics Letters, 1998, 59, 175–182. [45] Kilian, L. Measuring Global Economic Activity: Reply. 2018, 1–5. [46] Dickey, D.A., Fuller, W.A. Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 1979, 74, 427–431. [47] Zivot, E. Andrews, D.W.K. Further evidence on the great crash, the oil-price shock, and the unit-root hypothesis. Journal of Business & Economic Statistics, 2002, 20, 25–44. [48] Gregory, A.W., Hansen, B.E. Residual-based tests for cointegration in models with regime shifts. Journal of Econometrics, 1996, 70, 99–126.