The Microcosmic Mechanism and Empirical Test of Uncertainty on the Non-Linear Fluctuation of Chinese Grain Prices-Based on the Perspective of Global Economic Policy Uncertainty

Round 1

Reviewer 1 Report

The topic of the manuscript is interesting.

The revised manuscript is in the attached file.

Comments for author File: Comments.pdf

Author Response

Please see the attachment.

Author Response File: Author Response.pdf

Reviewer 2 Report

Comments for author File: Comments.pdf

Author Response

Please see the attachment.

Author Response File: Author Response.pdf

Reviewer 3 Report

The article is of interest, but some improvements are necessary.

 

1.Introduction

 Line 27

Please explain why you consider grain security a ˮballastˮ for economic development.

 

Lines 72, 75, 79, 83

Please explain the abbreviations in text: ECM, TVP-FAVAR, TVAR, ARDL, SVAR

i.e. ECM (Error Correction Model)

 

Please formulate in a clear manner the aim of your research.

 

In introduction the authors explain in a very clear manner questions addressed by their research.

 

2. Analysis of the Relationship between Global Economic Policy Uncertainty and 112 Grain Price fluctuation in China

 

Line 121.

Please mention if the figure is original, if not, please mention the source.

 

3. Theoretical Analysis of the Impact of Global Economic Policy Uncertainty on Grain 160 Prices

Line 200.

Please mention if the figure is original, if not, please mention the source.

 

Please mention the sources of all formulas (1) ÷ (15).

 

The authors make no comparisons with other similar research. If their research is entirely original, please specify and explain what are the reasons that sustain this consideration.

 

Conclusions

The conclusions are not consistent with the arguments presented in the article.

Considerations concerning the history of native maize from Mexico, have no place in this section. Please reconsider.

 

References

Few references are consulted. To improve the scientific background of the paper we recommend the authors to enrich the bibliography with recent references (from the last 10 years).

 

Author Response

Please see the attachment.

Author Response File: Author Response.pdf