Agricultural Economics & Policy

Article Agricultural Economics & Policy

Regional Employment Impacts of Biorefineries in the EURegionale Beschäftigungseffekte von Bioraffinerien in der EU

Maria Vrachioli, Benz Xinqi Zhu, Johannes Sauer

Summary: This study finds that introducing biorefineries to a region can lead to higher regional employment growth and improve regional socio-economic indicators.

EUROCHOICES (2023)

Article Agricultural Economics & Policy

Predicting acquirers of US food and agribusiness firms

Ramyani Mukhopadhyay, Adesoji O. Adelaja

Summary: This paper fills a gap in the literature on acquirer prediction by investigating the factors influencing the likelihood of a firm choosing to acquire a target company in the US food and agribusiness industry. The results contradict the hypotheses, as they indicate that less-solvent, less-leveraged, and less-attractive firms are more likely to become acquirers.

AGRIBUSINESS (2023)

Article Agricultural Economics & Policy

Globalisation and agri-food trade

Jeff Luckstead

Summary: This study uses structural gravity models to examine the impact of globalisation on distance in agricultural and processed food trade. The results show that larger internal distances lower domestic sales. The home bias effect is substantially larger in agricultural commodities compared to processed agricultural commodities. However, after controlling for relative intra-national trade costs and the home bias effect, globalisation does not lead to a smaller impact of distance on trade. Substantial heterogeneity exists when analysing individual commodities.

EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS (2023)

Article Agricultural Economics & Policy

Fairness and trust in organic food supply chains

Maren Busch, Daniel Muehlrath, Christian Herzig

Summary: This study explores how fairness affects trust and collaboration in buyer-supplier relationships. Through a case study and qualitative research interviews, the authors find that perceived fairness interacts with trustworthiness to build personal, organizational, and institutional trust. High levels of trust developed through positive fairness perceptions can lower risk perceptions and increase the willingness to collaborate, helping organizations deal with market uncertainties.

BRITISH FOOD JOURNAL (2023)

Article Agricultural Economics & Policy

Apples to advocacy: Evaluating consumer preferences for hard cider policies

Aaron J. Staples, Philip H. Howard, David S. Conner, J. Robert Sirrine, Marcia R. Ostrom, Michelle Miller

Summary: Hard cider is a growing sector in the craft beverage industry in the United States, but it faces challenges from competition, changing consumer preferences, the supply chain, and inflation. This study examines consumer preferences towards cider policy initiatives using survey data from four leading cider-producing states. The results show that consumers prefer policies mandating ingredient and labeling disclosures, while policies allowing vintage labeling and funding regional cider development are less preferred. These findings have important implications for stakeholders in the industry, emphasizing the benefits of labeling disclosures in marketing and the need to raise public awareness of barriers to cider industry development.

JOURNAL OF WINE ECONOMICS (2023)

Article Agricultural Economics & Policy

Impact of interest subvention scheme (ISS) on the behaviour of farm households: a case of Andhra Pradesh and Madhya Pradesh

Shubham Kumar Sehgal

Summary: This paper investigates the effect of the interest subvention scheme on the behavior of farm households and finds that it has a significant impact on reducing the share of informal sector borrowings.

AGRICULTURAL FINANCE REVIEW (2023)

Article Agricultural Economics & Policy

The impacts of foreign direct investment on total factor productivity: an empirical study of agricultural enterprises

Yan Han, Rodney B. W. Smith, Laping Wu

Summary: This paper examines the impact of six possible FDI spillover channels on TFP of Chinese agricultural enterprises and the moderating role of absorptive capacity. The results suggest that foreign-invested agricultural enterprises benefit from FDI, while domestic agricultural enterprises experience negative aggregate FDI spillover effects. However, threshold effects show that firms near the technological frontier experience positive spillover effects, while firms far from the frontier experience negative effects. These findings contribute to formulating foreign investment policies for agricultural enterprises and help them to improve their productivity.

CHINA AGRICULTURAL ECONOMIC REVIEW (2023)

Article Agricultural Economics & Policy

Is China's new live hog futures market efficient? Evidence from an analysis of market quality, price discovery and hedging effectiveness

Miao Li, Tao Xiong

Summary: The live hog futures market in China performs well in price discovery and hedging functions, although it is less actively traded, less liquid, and more volatile than egg futures markets.

AUSTRALIAN JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS (2023)

Article Agricultural Economics & Policy

Regional heterogeneity in undernourishment: the case of Nepal

Dikshit Poudel, Munisamy Gopinath

Summary: This study investigates the regional heterogeneity in undernourishment within Nepal. It uses the Food and Agriculture Organization's methodology and Nepal Living Standards Survey data to compute household energy consumption and requirements, and determines regional undernourishment. The study finds a decline in undernourishment in Nepal between 1995 and 2003, but an increase after 2003.

JOURNAL OF AGRIBUSINESS IN DEVELOPING AND EMERGING ECONOMIES (2023)

Article Agricultural Economics & Policy

Economic consequences of climate change impacts on South Asian agriculture: A computable general equilibrium analysis

Walimuni Chamindri Sewanka Mendis Abeysekara, Mahinda Siriwardana, Samuel Meng

Summary: South Asia is highly vulnerable to climate change, and agriculture is the most impacted sector. The study predicts that the region will face reduced food production and higher food prices due to the adverse effects of climate change on crop, land, and labor productivity. Additionally, it suggests that low-income countries will suffer the most from the impacts on the agricultural sector.

AUSTRALIAN JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS (2023)

Article Agricultural Economics & Policy

Farming efficiency and environmental resource dependence: Evidence from panel data for rural Central Vietnam

Sina Bierkamp, Trung Thanh Nguyen, Ulrike Grote

Summary: Farming and natural resource extraction are the main livelihood strategies for the rural poor in developing countries. Understanding the relationship between them is crucial in alleviating poverty and protecting resources. Existing monetary indicators are inadequate for measuring the dependency of poor people who consume environmental products. Therefore, a new Environmental Resource Dependence Index (ERDI) is proposed to better capture the multidimensionality of dependence. The study finds that improving farming efficiency reduces dependence on environmental resources, while high dependence does not significantly affect farming efficiency.

AUSTRALIAN JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS (2023)

Article Agricultural Economics & Policy

Income and food insecurity among SNAP recipients: a consideration of the SNAP benefit formula

Min-Fang Wei, Craig Gundersen

Summary: The Supplemental Nutrition Assistance Program (SNAP) has significantly reduced food insecurity in the USA, but many participants still face food insecurity. A study using the 2018 Survey of Income and Program Participation found that higher gross income is associated with lower food insecurity among SNAP recipients, while deductions are positively correlated with food insecurity. The findings suggest a need for possible changes in benefit determination, particularly for households with a senior or someone with a disability.

EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS (2023)

Article Agricultural Economics & Policy

Dynamics of food demand during political instability: Evidence from Kyrgyzstan

Barchynai Kimsanova, Golib Sanaev, Thomas Herzfeld

Summary: This study assesses the impact of the Tulip Revolution and the Melon Revolution on household food demand in Kyrgyzstan. The findings suggest that household food demand fluctuates based on pre-conflict expectations, with shifts in expenditure towards luxuries during the first revolution and staples during the second.

AGRICULTURAL ECONOMICS (2023)

Article Agricultural Economics & Policy

Bioeconomy Transition Pathways - Potential Impacts for the EU Bio-based Chemicals Sector

George Philippidis, Robert M'barek, Willem-Jan van Zeist

Summary: The European Commission's Green Deal aims to address biodiversity protection and net-zero emissions through the development of the bioeconomy. The BioMonitor project, funded by EU H2020, provides a toolbox for data transparency and integrated modeling assessments to support evidence-based policy making in the bio-industrial sector.

EUROCHOICES (2023)

Article Agricultural Economics & Policy

The effect of COVID-19 containment measures on fresh food market vendors in Uganda

Florence Nakazi, Losira Nasirumbi Sanya, Johnny Mugisha

Summary: This study examines the impact of COVID-19 containment measures on fresh food market vending businesses in Uganda. The findings indicate that the pandemic has significantly decreased the income of fresh food vendors, with female vendors being the most affected.

JOURNAL OF AGRIBUSINESS IN DEVELOPING AND EMERGING ECONOMIES (2023)

Article Agricultural Economics & Policy

Consumer behaviour and household food waste in Greece

Prokopis Theodoridis, Theofanis Zacharatos, Vasiliki Boukouvala

Summary: This study evaluates household food waste in Greece, focusing on consumer awareness and behaviors. A nationwide survey revealed a significant level of food waste awareness among Greek consumers. Cluster analysis identified four distinct consumer groups with substantial differences. The study highlights the need for targeted informational campaigns to promote sustainable food-consumption practices.

BRITISH FOOD JOURNAL (2023)

Article Agricultural Economics & Policy

Modelling the exiting of South African producers from commercial agricultural production - an agent-based model

Kandas Cloete, Anke Mohring, Siphe Zantsi

Summary: This paper examines the potential of commercial producers voluntarily exiting to make land available in the market, and identifies the factors hindering the acceleration of this exit rate from a land-supply perspective. It also explores the possibility of structural change through three scenarios, using an agent-based mathematical model constructed from data collected from 450 commercial producers in South Africa. The results indicate that there is a reasonable amount of arable land that could be redistributed, with only modest changes in animal production despite significant changes in veld. These findings provide guidance on how assistance for struggling producers can contribute to making land available for efficient producers, thereby strengthening the sector. The common reasons for potential exiting commercial producers could initiate a positively-inclined, structured discussion on land supply.

AGREKON (2023)

Article Agricultural Economics & Policy

Effect of place attachment on consumers' place preference and repatronage intention toward coffee shops

Shih-Tse Edward Wang, Hung-Chou Lin, Yi-Ting Lee

Summary: The study develops a theoretical model based on place attachment theory and social identity theory to predict place preference and repatronage intention in the coffee shop industry. The findings highlight the importance of cognitive and affective place identity in shaping place dependence, place preference, and customer repatronage intention.

BRITISH FOOD JOURNAL (2023)

Article Agricultural Economics & Policy

Does social proof and herd behaviour drive food choices of consumers?

Toritseju Begho, Shuainan Liu

Summary: The opinions and actions of others can influence food choices, but the impact may vary depending on the context. Feedback from influential individuals or family members does not significantly affect adherence to food guide recommendations, while social proof in the form of reviews and ratings does. The findings are important for promoting healthy eating habits and offer insights for stakeholders and policymakers.

BRITISH FOOD JOURNAL (2023)

Article Agricultural Economics & Policy

The distortion in the EU feed market due to import constraints on genetically modified soy

Shyam Kumar Basnet, Ranjan Kumar Ghosh, Mattias Eriksson, Carl-Johan Lagerkvist

Summary: Feed importers in certain EU member states are facing restrictions on GM soy imports, which could harm the interests of EU livestock farmers. Research shows that there are significant asymmetries in how positive and negative price changes are absorbed in the feed industry. Increases in the cost of Brazilian soy quickly affect prices for EU farmers, but cost reductions do not lead to corresponding price decreases. This suggests that stricter constraints on GM soy imports could worsen the competitiveness challenges faced by livestock farmers.

AGRICULTURAL AND FOOD ECONOMICS (2023)