Abstract:The dairy sector in the European Union (EU) has experienced policy changes and market shocks recently. Using the global vector autoregressive (GVAR) model, this paper explores regional market integration, the feedback between market shocks and price dynamics, and the link between EU’s cheese export markets and energy market. This paper assesses and compares which influencing factors are typically associated with intra-EU and extra-EU cheese export price movement with regards to shocks to crude oil price, farm-… Show more
“…Therefore, topics related to food security, such as food production, distribution, trade, and storage, have long been a central concern of government departments and academics worldwide. Food production is influenced by soil and water resources, climatic conditions, and production technology, and has deep regional roots [1][2][3]. Globally, the distribution of food production and per capita food production in different countries is highly uneven.…”
Cereal trade is essential for economic and commercial cooperation among countries along the “Belt and Road” (BRI). It helps ensure food security and contributes to building a community of interests and destinies for the BRI countries. Based on the UN Comtrade database, this study, using a network analysis approach, investigates the structural characteristics and spatiotemporal dynamics of cereal trade networks among the “Belt and Road” countries. Results show that: (1) The cereal trade among the BRI countries has formed well-connected and complex trade networks, and the “Belt and Road” initiative has significantly promoted cereal trade networks among the BRI countries. (2) The backbone structures of cereal trade networks along the BRI are in geographical proximity. India, Russia, and Ukraine are the most important trading partners and absolute core nodes in the trade networks, influencing the entire cereal trade networks. (3) The BRI cereal trade networks exhibit significant core-periphery structures, with considerable power asymmetries between the countries reflecting food supply and demand differences. In general, the BRI cereal trade networks have developed from relatively diversified to polarized. Supply chains in the cereal trade network are dominated by a few large countries and are fragile, with weak resilience and low resistance to risk. Therefore, governments should continue to strengthen regional cooperation, optimize cereal trade network structure, enhance their reserve capacity, and build a stronger system to guarantee food security and prevent risk. All these measures will support the food security of the “Belt and Road” countries.
“…Therefore, topics related to food security, such as food production, distribution, trade, and storage, have long been a central concern of government departments and academics worldwide. Food production is influenced by soil and water resources, climatic conditions, and production technology, and has deep regional roots [1][2][3]. Globally, the distribution of food production and per capita food production in different countries is highly uneven.…”
Cereal trade is essential for economic and commercial cooperation among countries along the “Belt and Road” (BRI). It helps ensure food security and contributes to building a community of interests and destinies for the BRI countries. Based on the UN Comtrade database, this study, using a network analysis approach, investigates the structural characteristics and spatiotemporal dynamics of cereal trade networks among the “Belt and Road” countries. Results show that: (1) The cereal trade among the BRI countries has formed well-connected and complex trade networks, and the “Belt and Road” initiative has significantly promoted cereal trade networks among the BRI countries. (2) The backbone structures of cereal trade networks along the BRI are in geographical proximity. India, Russia, and Ukraine are the most important trading partners and absolute core nodes in the trade networks, influencing the entire cereal trade networks. (3) The BRI cereal trade networks exhibit significant core-periphery structures, with considerable power asymmetries between the countries reflecting food supply and demand differences. In general, the BRI cereal trade networks have developed from relatively diversified to polarized. Supply chains in the cereal trade network are dominated by a few large countries and are fragile, with weak resilience and low resistance to risk. Therefore, governments should continue to strengthen regional cooperation, optimize cereal trade network structure, enhance their reserve capacity, and build a stronger system to guarantee food security and prevent risk. All these measures will support the food security of the “Belt and Road” countries.
“…The global food system faces numerous challenges, including weather disasters, price movements, policy changes, or vulnerabilities due to market shocks [ 1 , 2 ], some of which have been exacerbated by recent international disruptions. To address these complex issues, there is a need to incorporate integrated governance mechanisms that align and coordinate efforts.…”
mentioning
confidence: 99%
“…Furthermore, international food value chains are often characterized by significant power asymmetries between and within countries; for this reason, inclusive cooperation mechanisms need to be upheld [ 5 ]. The integration of governance may enhance the development of industries and their competitiveness, as well as drive moderate price movements [ 1 ]. Similarly, some specific branches of the food sector, such as the healthy food branch, experience infrastructure gaps and positional difficulties that highlight their need for empowerment [ 9 ].…”
mentioning
confidence: 99%
“…Similarly, some specific branches of the food sector, such as the healthy food branch, experience infrastructure gaps and positional difficulties that highlight their need for empowerment [9]. Given the identified spillover effect of price changes in upstream supply chains [1], the empowerment of food value chains could contribute to their resilience against unstable situations. Food value chains have been experiencing constant global growth [3].…”
Considering the significance of the food sector in recent years, the main objective of this Special Issue is to identify the most appropriate governance mechanisms (formalized and relational) for the management of collaborative networks among the international chain of food companies, which are increasingly subject to greater risks and disruptions [...]
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.