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When it comes to grains like corn, biofuels were responsible for up to an 8.1percentt increase in global average prices between 2004 and April 2008, according to the study.
Wherever possible, gaps were filled using information on monetary flows (usually available and of better quality than physical data) and calculated global average prices.
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Ben Plumley, an official of Glaxo Wellcome, said the company would sell its Combivir, a blend of AZT and 3TC that sells at a global average price of $16, for $2 in poor countries.
As a result, African farmers pay as much as six times the global average price for fertiliser – when they can find it at all.
As they expanded their range of products to cover segments of lower quality it is natural that the global average price decreases.
Its global average retail price was £250 and 7,000 copies were sold.
"We sell so much cheaper than the global average oil price simply because we have no other option," he said.
Using the Thomson Reuters Starmine database, the global average forward price-to-earnings ratio is 12. I.B.M. trades on a comparable multiple of 14. I.B.M. stock is hardly cheap when judged in terms of dividend yield, either.
Nokia 1 will be available from early April for a global average retail price of $85.
Nokia 8110 will be available from May for a global average retail price of €79.
New Nokia 6 will be available from May for a global average retail price of €279.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com