The impact of <scp>COVID</scp>‐19 trade measures on agricultural and food trade

Ahn, Soojung; Steinbach, Sandro

doi:10.1002/aepp.13286

Cited by 16 publications

(9 citation statements)

References 57 publications

(82 reference statements)

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“…From a trade perspective, the pandemic could also lead to an increase in food safety concerns in many countries, as sanitary and phytosanitary measures are disproportionately applied within the agri-food sector (Ahn & Steinbach, 2023). Agri-food trade could be disrupted as countries are more likely to enact restrictive trade policies such as food standards.…”

Section: Literature Reviewmentioning

confidence: 99%

Food inflation, agri‐food trade, and COVID‐19: Evidence from South Asia

Afesorgbor,

Lim

2023

J of Agr & App Econ Assoc

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The COVID‐19 pandemic profoundly affected food security by disrupting supply chains through border closures Our study concentrates on South Asia and examines the interplay between COVID‐19, agri‐food trade, and inflation using monthly panel data spanning 2018–2021. Our findings demonstrate that the pandemic notably escalated food inflation in the region. Nevertheless, the robust interaction of agri‐food trade with COVID‐19 helped alleviate this effect. This underscores the significance of trade policies in controlling food inflation during the pandemic in South Asia.

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Section: Literature Reviewmentioning

confidence: 99%

Food inflation, agri‐food trade, and COVID‐19: Evidence from South Asia

Afesorgbor,

Lim

2023

J of Agr & App Econ Assoc

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“…(2016) using monthly data. It also occurred following the food price spike in the early 1970s and the price slump in the mid‐1980s (Anderson & Nelgen, 2012), and again during the COVID‐19 outbreak in 2020–21 (Ahn and Steinbach (2022). In those environments, only countries that insulate by more than the average have any hope of stabilizing their domestic prices using this strategy 3 .…”

Section: Short‐term Policy Responses To Market Volatilitymentioning

confidence: 99%

“…The COVID‐19 pandemic has added to inequalities and reduced interest in cross‐border activities. It has added also to trade costs (Ahn & Steinbach, 2022), and added to the mean, variance and uncertainty of shipping times (Carriere‐Swallow et al., 2022; Carter et al., 2022; Komaromi et al., 2022).…”

Section: Recent Disruptions To Global Trade and Ways Forwardmentioning

confidence: 99%

“…The extent to which that type of impact occurred during the global financial crisis is shown by Martin and Anderson (2012) and Jensen and Anderson (2017) using annual data and by Giordani et al (2016) using monthly data. It also occurred following the food price spike in the early 1970s and the price slump in the mid-1980s (Anderson & Nelgen, 2012), and again during the COVID-19 outbreak in 2020-21 (Ahn and Steinbach (2022). In those environments, only countries that insulate by more than the average have any hope of stabilizing their domestic prices using this strategy.…”

Section: Short-term Policy Responses To Market Volatilitymentioning

confidence: 99%

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Agriculture's globalization: Endowments, technologies, tastes and policies

Anderson

2022

Journal of Economic Surveys

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The history of agricultural trade stretches back more than ten millennia, but it became more inter‐continental from the 17th century and much denser in the 19th century following the repeal of Britain's protective Corn Laws in 1846 and major declines in international trade costs. Trade was chaotic in the period bookended by the two world wars, but trade policy anarchy gave way to greater certainty after the General Agreement on Tariffs and Trade (GATT) was signed in 1947. This paper seeks to identify the forces that shaped that history, and to re‐examine the case for continued openness to trade in farm and processed food products. It does so in the wake of uneven economic growth and structural transformation and as agri‐food systems respond to increased market and policy uncertainties this century—and to growing pressures for agricultural production to become more sustainable and for its food outputs to be safer and more nutritious. The paper points to better policy options than trade measures for achieving most national objectives—options that can simultaneously benefit the rest of the world. Areas for further economic research are noted before the paper concludes.

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“…We excluded import data for 2020 and 2021 from this analysis. As the coronavirus disease 2019 pandemic started in the Spring of 2020, we are concerned about potential estimation bias induced by using 2020 and 2021 as control groups to construct the counterfactual for evaluating the trade effects of the Russia-Ukraine war(Ahn & Steinbach, 2022).…”

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confidence: 99%

The impact of the Russian invasion of Ukraine on grain and oilseed trade

2022

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This paper provides an ex‐post impact assessment of the Russian invasion of Ukraine on international grain and oilseed trade. We use a commodity‐level empirical model to assess the counterfactual trade effects and evaluate the region‐specific global trade reallocation effects. We find that grain and oilseed imports from Ukraine were 78.2% below the counterfactual between February and July 2022. The Russia–Ukraine war caused substantial trade diversion, mainly benefiting countries in North America and Europe. The adjustment of global grain and oilseed trade operates primarily through price adjustments, with considerable heterogeneity across commodity groups. Our ex‐ante analysis demonstrates that the Ukraine–Russia war had substantial trade implications for the directly involved countries but only limited ones for the global grain and oilseed markets in terms of traded quantity.

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The impact of COVID‐19 trade measures on agricultural and food trade

Cited by 16 publications

References 57 publications

Food inflation, agri‐food trade, and COVID‐19: Evidence from South Asia

Food inflation, agri‐food trade, and COVID‐19: Evidence from South Asia

Agriculture's globalization: Endowments, technologies, tastes and policies

The impact of the Russian invasion of Ukraine on grain and oilseed trade

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