Understanding firm networks in global agricultural value chains

IF 6.8 1区经济学 Q1 AGRICULTURAL ECONOMICS & POLICY

Food Policy Pub Date : 2024-08-01 DOI:10.1016/j.foodpol.2024.102689

Anne Beck , Sunghun Lim , Daria Taglioni

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Abstract

This paper explores the evolution and resilience of global value chains (GVCs) in the agrifood sector, which intensified since the 1994 Uruguay Round Agreement. Using unique data from the FactSet database, along with Fortune 500 lists, we conduct a comprehensive analysis of approximately 17,500 agribusiness companies worldwide, examining over 150,000 supplier and customer connections from 2014 to 2022. Our findings reveal that large corporations, acting as central nodes, have increased their network centrality in GVCs, particularly through geographic diversification and a concentrated supply strategy. The study also indicates a correlation between the complexity and depth of firm-to-firm linkages and increased resilience, suggesting that firms with greater connectivity are less likely to exit the industry. This analysis not only contributes new insights into the structure and dynamics of agribusiness networks but also highlights the role of firm linkages in navigating recent disruptive global events such as the US-China Trade War, COVID-19 pandemic, extreme weather episodes, and geopolitical tensions.

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了解全球农业价值链中的企业网络

本文探讨了农业食品行业全球价值链（GVCs）的演变和恢复力，自 1994 年乌拉圭回合协议签订以来，全球价值链不断加强。利用 FactSet 数据库的独特数据以及《财富》世界 500 强企业名单，我们对全球约 17500 家农业综合企业进行了全面分析，研究了 2014 年至 2022 年期间超过 15 万个供应商和客户连接。我们的研究结果表明，作为中心节点的大型企业提高了其在全球价值链中的网络中心地位，特别是通过地域多元化和集中供应战略。研究还表明，企业与企业之间联系的复杂性和深度与复原力的增强之间存在相关性，这表明，联系性更强的企业退出该行业的可能性更小。这项分析不仅为农业综合企业网络的结构和动态提供了新的见解，而且还强调了企业联系在应对中美贸易战、COVID-19 大流行病、极端天气事件和地缘政治紧张局势等近期破坏性全球事件中的作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Food Policy 管理科学-农业经济与政策

CiteScore

11.40

自引率

4.60%

发文量

128

审稿时长

62 days

期刊介绍： Food Policy is a multidisciplinary journal publishing original research and novel evidence on issues in the formulation, implementation, and evaluation of policies for the food sector in developing, transition, and advanced economies. Our main focus is on the economic and social aspect of food policy, and we prioritize empirical studies informing international food policy debates. Provided that articles make a clear and explicit contribution to food policy debates of international interest, we consider papers from any of the social sciences. Papers from other disciplines (e.g., law) will be considered only if they provide a key policy contribution, and are written in a style which is accessible to a social science readership.