The Role of Storage and Trade in Food Security

Q3 Business, Management and Accounting

Journal of Agricultural and Food Industrial Organization Pub Date : 2019-11-05 DOI:10.1515/jafio-2019-0056

P. Kennedy, A. Schmitz, G. C. van Kooten

引用次数: 5

Abstract

Abstract This paper examines the role of storage and trade on food security with respect to milled rice in India for the period 1966–2013. Data on food balances, prices, and population obtained from FAOSTAT allow for the observation of the status quo with storage and trade. Then, using a spatial equilibrium framework, the outcomes without storage or trade are simulated. Our results are consistent with the literature with respect to welfare effects. Storage results in net welfare gains to society, although producers gain while consumers lose. Producers receive a welfare gain from net exports while consumers gain from net imports. From a food security perspective, the use of storage has provided benefits to consumers by increasing stability in the market, as seen through decreased standard deviation in both domestic rice prices and per capita availability. The results are mixed with respect to stability from trade.

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储存和贸易在粮食安全中的作用

本文考察了1966年至2013年期间印度精米的储存和贸易对粮食安全的影响。从粮农组织统计数据库获得的关于粮食平衡、价格和人口的数据可用于观察粮食储存和贸易的现状。然后，利用空间均衡框架，模拟了没有储存或贸易的结果。我们的结果与有关福利效应的文献一致。储存给社会带来了净福利收益，尽管生产者受益而消费者受损。生产者从净出口中获得福利收益，而消费者从净进口中获益。从粮食安全的角度来看，储存的使用增加了市场的稳定性，从而给消费者带来了好处，这可以从国内大米价格和人均可得量的标准偏差降低中看出。就贸易稳定而言，结果好坏参半。

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

Journal of Agricultural and Food Industrial Organization Business, Management and Accounting-Business, Management and Accounting (all)

CiteScore

3.10

自引率

0.00%

发文量

期刊介绍： The Journal of Agricultural & Food Industrial Organization (JAFIO) is a unique forum for empirical and theoretical research in industrial organization with a special focus on agricultural and food industries worldwide. As concentration, industrialization, and globalization continue to reshape horizontal and vertical relationships within the food supply chain, agricultural economists are revising both their views of traditional markets as well as their tools of analysis. At the core of this revision are strategic interactions between principals and agents, strategic interdependence between rival firms, and strategic trade policy between competing nations, all in a setting plagued by incomplete and/or imperfect information structures. Add to that biotechnology, electronic commerce, as well as the shift in focus from raw agricultural commodities to branded products, and the conclusion is that a "new" agricultural economics is needed for an increasingly complex "new" agriculture.