Marcel Adenäuer, Clara Frezal, Thomas Chatzopoulos
{"title":"Weathering the Storm: Trade Openness and the Resilience of Agricultural Markets Under Increasing Weather Extremes","authors":"Marcel Adenäuer, Clara Frezal, Thomas Chatzopoulos","doi":"10.1111/1477-9552.12635","DOIUrl":"10.1111/1477-9552.12635","url":null,"abstract":"<div>\u0000 \u0000 <p>We analyse how a higher level of trade integration in global agricultural markets can mitigate food-security risks in a world where agro-climatic events increase both in frequency and intensity. By incorporating stochastically simulated crop-yield reductions into a partial-equilibrium model of global agricultural markets, we compare commodity supply, demand and price responses under two alternative trade pathways: a trade-liberalised world and a trade-restricted world. By implementing the same sets of yield reductions (input) on these two pathways and comparing synthesised market outcomes (output), we examine the role of trade as a mechanism for ensuring more resilient agricultural markets. Our findings indicate that trade integration could stabilise food availability and mitigate domestic and world price volatility. While trade policies can play a significant role in mitigating food-security risks in a climate-uncertain future, they must be complemented by broader policies to enhance global resilience and food security.</p>\u0000 </div>","PeriodicalId":14994,"journal":{"name":"Journal of Agricultural Economics","volume":"76 2","pages":"241-250"},"PeriodicalIF":3.4,"publicationDate":"2025-06-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144228639","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Simone Pieralli, Spire Arsov, Christian Elleby, Ignacio Pérez Domínguez, Beatrice Farkas
{"title":"The Potential for Yield Improvements in Developing Countries to Reduce Their Exposure to Extreme Weather Shocks in Exporting Countries","authors":"Simone Pieralli, Spire Arsov, Christian Elleby, Ignacio Pérez Domínguez, Beatrice Farkas","doi":"10.1111/1477-9552.12634","DOIUrl":"10.1111/1477-9552.12634","url":null,"abstract":"<p>This article explores the impact of extreme weather on food availability and how yield gap reductions in developing countries could make them less vulnerable to the imported effects of extreme weather shocks. Our extreme weather scenario results show that simultaneous weather-related shocks to crop yields in main exporting countries could lead to substantial increases in world food prices, threatening food security in countries strongly reliant on food imports. Maize and wheat prices increase by 40% and 50% due to extreme weather, increasing food expenditure in import-dependent countries (by up to 5%). Countering this effect, closing yield gaps in developing countries would substantially lower international prices and food expenditures, especially in developing countries. If the yield gap is reduced by 20% relative to economic potential over a 6-year period (yield gap scenario), maize and world prices decrease by 20% and 15%, decreasing food expenditure per capita in import-dependent countries. Finally, a combined scenario shows that the yield improvements only partially offset the impact of imported shocks on import-dependent countries, and these effects vary by country, depending on their production capability and their net-trade position. World maize and wheat prices increase by only 9% and 26% and still raise food expenditure in import-dependent countries.</p>","PeriodicalId":14994,"journal":{"name":"Journal of Agricultural Economics","volume":"76 2","pages":"268-281"},"PeriodicalIF":3.4,"publicationDate":"2025-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1477-9552.12634","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144183951","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Climate Variability on Food Security in Bangladesh Under Alternative Trade Regimes","authors":"Mohammad Hasan Mobarok, Wyatt Thompson","doi":"10.1111/1477-9552.12636","DOIUrl":"10.1111/1477-9552.12636","url":null,"abstract":"<div>\u0000 \u0000 <p>This study examines the impact of climate change on food security in Bangladesh, focusing on rice production and its sensitivity to climatic variability. By linking precipitation and temperature to rice yields and incorporating these relationships into a trade regime-switching partial equilibrium model, the research simulates future market conditions under alternative Shared Socioeconomic Pathways (SSPs). The analysis is divided into two parts: first, estimating yield variations for Bangladesh's two main rice harvests using historical weather data and stochastic simulations of future conditions; second, modelling the economic impacts of yield fluctuations under autarky and import parity regimes. The latter reduces the effects of domestic shocks but increases exposure to international market shocks. Climate variability interacts with trade regimes to determine food security outcomes: the effects on food availability and access, and the stability of food supplies, can be either nil or strong depending on the trade regime. The effectiveness of market interventions further depends on the trade regime in place, strengthening the case for more directly targeted support to food insecure households.</p>\u0000 </div>","PeriodicalId":14994,"journal":{"name":"Journal of Agricultural Economics","volume":"76 2","pages":"282-295"},"PeriodicalIF":3.4,"publicationDate":"2025-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144183953","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"JAE 2024: Report of the Editor-in-Chief","authors":"Jonathan Brooks","doi":"10.1111/1477-9552.12639","DOIUrl":"10.1111/1477-9552.12639","url":null,"abstract":"<div>\u0000 \u0000 <p>Submissions fell back in 2024 to 334 original manuscripts, a similar figure to pre-COVID levels. The drop in the number of submissions was associated with a modest increase in the acceptance rate from 8% to 11%. The Journal's acceptance rate remains higher for papers originating from Europe and North America. The Journal's Impact Factor remains similar to those of other leading field journals. The Editorial Team continues to evolve to reflect more closely the topics addressed and methods applied in journal submissions, and the journal's broad geographical coverage.</p>\u0000 </div>","PeriodicalId":14994,"journal":{"name":"Journal of Agricultural Economics","volume":"76 2","pages":"478-483"},"PeriodicalIF":3.4,"publicationDate":"2025-05-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144153693","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Charlotte Howard, Paul J. Burgess, Michelle T. Fountain, Claire Brittain, Michael P. D. Garratt
{"title":"Perennial Flower Strips Can Be a Cost-Effective Tool for Pest Suppression in Orchards","authors":"Charlotte Howard, Paul J. Burgess, Michelle T. Fountain, Claire Brittain, Michael P. D. Garratt","doi":"10.1111/1477-9552.12631","DOIUrl":"10.1111/1477-9552.12631","url":null,"abstract":"<p>Flower strips can provide many economic benefits in commercial orchards, including reducing crop damage by a problematic pest, rosy apple aphid (<i>Dysaphis plantaginea</i> [Passerini]). To explore the financial costs and benefits of this effect, we developed a bio-economic model to compare the establishment and opportunity costs of perennial wildflower strips with benefits derived from increased yields due to reduced <i>D. plantaginea</i> fruit damage under high and low pest pressure. This was calculated across three scenarios: (1) a flower strip on land that would otherwise be an extension of the standard grass headland, (2) a flower strip on land that could otherwise be used to produce apples and (3) a flower strip in the centre of an orchard. Through reduction of <i>D. plantaginea</i> fruit damage alone, our study shows that flower strips on the headland can be a positive financial investment. If non-crop land was not available, establishment of a flower strip in the centre of an orchard, instead of the edge, could recoup opportunity costs by providing benefits to crops on both sides of the flower strip. Our study can help guide the optimal placement of flower strips and inform subsidy value for these schemes.</p>","PeriodicalId":14994,"journal":{"name":"Journal of Agricultural Economics","volume":"76 2","pages":"466-477"},"PeriodicalIF":3.4,"publicationDate":"2025-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1477-9552.12631","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143877975","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Multinational and Domestic Firms' Participation in Food Global Value Chains: Does Institutional Quality Matter?","authors":"Valentina Raimondi, Margherita Scoppola","doi":"10.1111/1477-9552.12630","DOIUrl":"10.1111/1477-9552.12630","url":null,"abstract":"<p>This study provides empirical evidence on the role of institutional quality in driving countries' participation in Global Value Chains (GVC) by distinguishing domestic from multinational firms (MNEs). Drawing on the Analytical Activities of MNEs (AMNE) database of OECD, we use a panel gravity framework to assess whether institutional quality improves GVC firms' participation in the food, beverages, and tobacco industry and whether the responsiveness to changes in institutional quality differs between domestic and multinational firms. A key finding is that the lower the institutional quality the greater the gap in participation between multinational and domestic firms. In developing countries, where institutions are relatively weak, domestic firms' GVC participation is correspondingly low relative to that of multinational firms.</p>","PeriodicalId":14994,"journal":{"name":"Journal of Agricultural Economics","volume":"76 2","pages":"447-465"},"PeriodicalIF":3.4,"publicationDate":"2025-03-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1477-9552.12630","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143653343","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Optimal Surveillance and Indemnity Policy for Eradicating Exotic Livestock Diseases","authors":"Cristina Salvioni, Paolo Vitale","doi":"10.1111/1477-9552.12628","DOIUrl":"10.1111/1477-9552.12628","url":null,"abstract":"<p>We present a theoretical model that identifies the optimal resource allocation between surveillance and intervention for eradicating exotic livestock diseases. We apply a game theory approach to analyse the strategic interaction between the Animal Health Authority (AHA) and the stockbreeders. The model elucidates how the breeders' pay-offs depend upon the AHA's choices and vice versa. We first model the stockbreeder reporting decision (passive surveillance) under uncertainty. Then, we analyse how the AHA should efficiently allocate resources between active surveillance (inspections) and intervention, and determine how this trade-off is influenced by various economic factors, such as the operation size and breeders' risk attitudes. By explicitly considering the relationship between passive and active surveillance, the model reconciles the literature investigating the nexus between compensation payments and reporting with the literature on the relationship between surveillance and intervention. We use the case study of a parasite of social bee colonies, the Small Hive Beetle, in Italy, which presents no moral hazard concerns, and hence limits the complexity of the analysis. However, the model can be adapted to other types of exotic diseases and livestock. The model does not provide precise quantitative prescriptions of the optimal values to be assigned to indemnities and probability of monitoring. Rather, it contributes to the understanding of the economic factors that influence optimal surveillance and intervention strategies.</p>","PeriodicalId":14994,"journal":{"name":"Journal of Agricultural Economics","volume":"76 2","pages":"434-446"},"PeriodicalIF":3.4,"publicationDate":"2025-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1477-9552.12628","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143575366","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Agroecological Transition on the Meat Industry: An Agent-Based Modelling Approach Applied to the French Livestock Sector","authors":"M. Schiavo, P. M. Aubert, C. Le Mouël","doi":"10.1111/1477-9552.12629","DOIUrl":"10.1111/1477-9552.12629","url":null,"abstract":"<div>\u0000 \u0000 <p>Scenarios examining the spread of agroecological transition in Europe concur that reducing livestock numbers and improving the synergies between crop and livestock areas are fundamental to curbing greenhouse gas emissions and increasing farmland biodiversity. This study employs an agent-based model to investigate the influence of a significant agroecological transition in France, which would entail a reduction in production and relocation of livestock to regions outside western France. The objective is to ascertain the impact of such a transition on the competitive dynamics within the meat industry. The large meat processors in western France, which currently dominate the market, would only process a small fraction of the livestock that would be relocated, due to higher transport costs. Their reduced market volume and share would lead to reduced profits for these processors, with some potentially going out of business because of high fixed costs. Driven by economic opportunities, small and medium-sized processors would enter the market and locate in northern, eastern and southern France. In all scenarios, increased production by small labour-intensive firms does not offset the impact of reduced production on job losses.</p>\u0000 </div>","PeriodicalId":14994,"journal":{"name":"Journal of Agricultural Economics","volume":"76 2","pages":"418-433"},"PeriodicalIF":3.4,"publicationDate":"2025-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143598816","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Market Effects, Greenhouse Gas Reductions and Costs of Brazil's RenovaBio Programme","authors":"Jong-Ik Kim, Wyatt Thompson","doi":"10.1111/1477-9552.12627","DOIUrl":"10.1111/1477-9552.12627","url":null,"abstract":"<div>\u0000 \u0000 <p>Brazil's RenovaBio programme aims to reduce transportation sector greenhouse gas (GHG) emissions. The programme sets falling carbon emission limits that fuel producers meet using tradable decarbonisation credits (CBIOs). This programme creates a system of new links between biomass product markets and bioenergy markets, with producer and consumer implications, that can be assessed using appropriate forward-looking economic methods. We model the CBIO and fuel markets using a structural model to simulate the impacts of RenovaBio. We link this model to a widely used model of agricultural and agricultural markets to analyse crop and crop product interactions. If implemented as announced, the programme would expand biofuel consumption and feedstock prices while decreasing petroleum product use. Our estimates highlight the potential for large impacts, similar by some measures to the impacts of US biofuel use mandates, subject to uncertainty about how the reduction targets evolve and how the industry responds. A programme of this type in a major biofuel and agricultural commodity producer and user affects global agricultural and food systems, as Brazil's supply to the world market diminishes and prices of ethanol and biofuel feedstocks worldwide are increased, depending on how the programme is implemented.</p>\u0000 </div>","PeriodicalId":14994,"journal":{"name":"Journal of Agricultural Economics","volume":"76 2","pages":"405-417"},"PeriodicalIF":3.4,"publicationDate":"2025-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143598811","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Effect of Land Fragmentation on Risk and Technical Efficiency of Austrian Crop Farms","authors":"Andreas Eder","doi":"10.1111/1477-9552.12626","DOIUrl":"10.1111/1477-9552.12626","url":null,"abstract":"<p>Using a 2007–2014 panel of Austrian crop farms, we analyse the effect of multiple dimensions of land fragmentation on farms' production efficiency and risk performance. We use data envelopment analysis (DEA), a non-parametric linear programming approach, to estimate efficiencies. Technical efficiency is decomposed into (i) scale efficiency, (ii) pure technical efficiency and (iii) input-mix efficiency. Risk efficiency, a concept borrowed from modern portfolio theory, measures the performance of a farm relative to a mean–variance frontier. A second-stage DEA analysis reveals that farms with fewer plots and a shorter average farmstead to plot distance tend to be more technically efficient. Larger plots allow for better exploitation of returns to scale. The scattering of plots has no statistically significant effect on technical efficiency but provides benefits in terms of higher risk efficiency. Land consolidation projects should carefully weigh the costs and benefits associated with different dimensions of land fragmentation.</p>","PeriodicalId":14994,"journal":{"name":"Journal of Agricultural Economics","volume":"76 2","pages":"391-404"},"PeriodicalIF":3.4,"publicationDate":"2025-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1477-9552.12626","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143608005","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}