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Applied Economic Perspectives and Policy最新文献

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EU food price inflation amid global market turbulences during the COVID-19 pandemic and the Russia–Ukraine War COVID-19 大流行和俄乌战争期间全球市场动荡引发的欧盟粮食价格上涨
IF 3.3 2区 经济学
Applied Economic Perspectives and Policy Pub Date : 2024-10-13 DOI: 10.1002/aepp.13483
L. Kornher, T. Balezentis, F. G. Santeramo
{"title":"EU food price inflation amid global market turbulences during the COVID-19 pandemic and the Russia–Ukraine War","authors":"L. Kornher,&nbsp;T. Balezentis,&nbsp;F. G. Santeramo","doi":"10.1002/aepp.13483","DOIUrl":"https://doi.org/10.1002/aepp.13483","url":null,"abstract":"<p>Since the COVID-19 pandemic and the Russia–Ukraine War, global food markets have been in turmoil. Agricultural input and energy prices doubled between 2020 and 2022, with immediate consequences on food accessibility. We examine the drivers of the EU food inflation patterns, and how trade integration shapes these dynamics. We find that food price inflation has been mainly driven by surges in agricultural production costs and, to a lesser extent, by global food price increases. Trade openness has not exacerbated the inflating dynamics during this period. We conclude with reflections on inflationary, production, and trade policies.</p>","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"46 4","pages":"1563-1584"},"PeriodicalIF":3.3,"publicationDate":"2024-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/aepp.13483","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142666012","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}
引用次数: 0
Geostrategic dimensions of recent food policy decisions 近期粮食政策决定的地缘战略层面
IF 3.3 2区 经济学
Applied Economic Perspectives and Policy Pub Date : 2024-10-08 DOI: 10.1002/aepp.13479
Christine Wieck, Bettina Rudloff, Kristina Mensah, Olayinka Kareem, Jose Ma Luis Montesclaros, David Orden, Niels Søndergaard, Wusheng Yu
{"title":"Geostrategic dimensions of recent food policy decisions","authors":"Christine Wieck,&nbsp;Bettina Rudloff,&nbsp;Kristina Mensah,&nbsp;Olayinka Kareem,&nbsp;Jose Ma Luis Montesclaros,&nbsp;David Orden,&nbsp;Niels Søndergaard,&nbsp;Wusheng Yu","doi":"10.1002/aepp.13479","DOIUrl":"https://doi.org/10.1002/aepp.13479","url":null,"abstract":"<p>This article analyzes the geostrategic dimensions in food policy responses to two recent global shocks: the Corona-SARS-CoV-2 pandemic and the Russian war against Ukraine. The analysis adds to the general assessments of economic security by providing a case study of food policy and food security as an element of economic security. Strong national path dependent trajectories in food policies can be observed. However, geostrategic dimensions related to interstate interaction and political considerations in policymaking that go beyond food security are also observed.</p>","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"46 4","pages":"1605-1626"},"PeriodicalIF":3.3,"publicationDate":"2024-10-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/aepp.13479","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142665832","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}
引用次数: 0
The impact of agricultural policy evolution on long-run grain market projection 农业政策演变对长期谷物市场预测的影响
IF 3.3 2区 经济学
Applied Economic Perspectives and Policy Pub Date : 2024-10-04 DOI: 10.1002/aepp.13474
Suhwan Lee, Adrienne Ohler, Wyatt Thompson
{"title":"The impact of agricultural policy evolution on long-run grain market projection","authors":"Suhwan Lee,&nbsp;Adrienne Ohler,&nbsp;Wyatt Thompson","doi":"10.1002/aepp.13474","DOIUrl":"https://doi.org/10.1002/aepp.13474","url":null,"abstract":"<p>Long-run projections are crucial for climate change policies, food security, and agricultural productivity, yet these projections often overlook recently identified patterns in how trade policies and domestic support evolve as countries develop. The grain market projections over 50 or 100 years presented here take these policy patterns into account, as well as the risks of more significant trade policy disruptions. The results demonstrate that different assumptions about economic development can have far-reaching effects on the market context, greenhouse gas emissions, and grain prices.</p>","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"46 4","pages":"1585-1604"},"PeriodicalIF":3.3,"publicationDate":"2024-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142665993","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}
引用次数: 0
The interplay of geopolitics and agricultural commodity prices 地缘政治与农产品价格的相互作用
IF 3.3 2区 经济学
Applied Economic Perspectives and Policy Pub Date : 2024-10-01 DOI: 10.1002/aepp.13481
Raghav Goyal, Edouard Mensah, Sandro Steinbach
{"title":"The interplay of geopolitics and agricultural commodity prices","authors":"Raghav Goyal,&nbsp;Edouard Mensah,&nbsp;Sandro Steinbach","doi":"10.1002/aepp.13481","DOIUrl":"https://doi.org/10.1002/aepp.13481","url":null,"abstract":"<p>This article uses the time-varying parameter vector autoregressive model to assess the impact of geopolitical risk and shocks on agricultural commodity markets, accounting for demand—exports; supply—input prices; inventory; speculation; and economic fluctuations. The results show that geopolitical risks significantly impact corn and soybean futures prices and market behaviors with context-specific implications in the short to medium term. In addition, heightened geopolitical risk during the Russia–Ukraine war increased oil prices and indirectly elevated agricultural commodity prices. These insights are crucial for agricultural risk management, informing federal policies and forecasting future price trends in an increasingly uncertain global market environment.</p>","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"46 4","pages":"1533-1562"},"PeriodicalIF":3.3,"publicationDate":"2024-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142665762","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}
引用次数: 0
A machine learning-based exploration of resilience and food security 基于机器学习的复原力和粮食安全探索
IF 3.3 2区 经济学
Applied Economic Perspectives and Policy Pub Date : 2024-09-19 DOI: 10.1002/aepp.13475
Alexis H. Villacis, Syed Badruddoza, Ashok K. Mishra
{"title":"A machine learning-based exploration of resilience and food security","authors":"Alexis H. Villacis,&nbsp;Syed Badruddoza,&nbsp;Ashok K. Mishra","doi":"10.1002/aepp.13475","DOIUrl":"10.1002/aepp.13475","url":null,"abstract":"<p>Leveraging advancements in remote data collection and using the Food Insecurity Experience Scale (FIES) as a proxy measure of resilience, we show that machine learning models (such as Gradient Boosting Classifier, eXtreme Gradient Boosting, and Artificial Neural Networks), can predict resilience with relatively high accuracy (up to 81%). Key household-level predictors include access to financial institutions, asset ownership, the adoption of agricultural mechanization as evidenced by the use of tractors, the number of crops cultivated, and ownership of nonfarm enterprises. Our analysis offers insights to researchers and policymakers interested in the development of targeted interventions to bolster household resilience.</p>","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"46 4","pages":"1479-1505"},"PeriodicalIF":3.3,"publicationDate":"2024-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/aepp.13475","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142247529","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}
引用次数: 0
Environmental policy behavioral spillovers: The impact of California's single‐use carryout bag ban on the use of unregulated single‐use plastics 环境政策的行为溢出效应：加州一次性手提袋禁令对使用不受管制的一次性塑料制品的影响
IF 5.8 2区 经济学
Applied Economic Perspectives and Policy Pub Date : 2024-09-09 DOI: 10.1002/aepp.13473
Sungeun Yoon, Lisa House, Zhifeng Gao
{"title":"Environmental policy behavioral spillovers: The impact of California's single‐use carryout bag ban on the use of unregulated single‐use plastics","authors":"Sungeun Yoon, Lisa House, Zhifeng Gao","doi":"10.1002/aepp.13473","DOIUrl":"https://doi.org/10.1002/aepp.13473","url":null,"abstract":"This study examines the spillover effect of California's 2016 single‐use bag ban (SB 270) on unregulated single‐use plastics (SUPs) like cutlery, cups, and plates. We observed an insignificant 4.8% decrease in SUP sales over the entire post‐policy period, but a larger 8.1% drop in the second post‐year, which was only marginally significant. The findings suggest weak spillover effects from such environmental policies, indicating that direct regulations on certain environmentally harmful products might be more effective if jurisdictions aim to prohibit citizens from excessive use, rather than relying on the positive spillover effect from existing policies.","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"38 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2024-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142219235","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}
引用次数: 0
Global economic effects of war‐induced agricultural export declines from Ukraine 战争导致乌克兰农产品出口下降的全球经济影响
IF 5.8 2区 经济学
Applied Economic Perspectives and Policy Pub Date : 2024-09-02 DOI: 10.1002/aepp.13468
Amanda M. Countryman, Valentyn Litvinov, Ivan Kolodiazhnyi, Mariia Bogonos, Oleg Nivievskyi
{"title":"Global economic effects of war‐induced agricultural export declines from Ukraine","authors":"Amanda M. Countryman, Valentyn Litvinov, Ivan Kolodiazhnyi, Mariia Bogonos, Oleg Nivievskyi","doi":"10.1002/aepp.13468","DOIUrl":"https://doi.org/10.1002/aepp.13468","url":null,"abstract":"The war in Ukraine caused export disruptions that jeopardized the availability and affordability of agricultural and food products around the world. This research employs a computable general equilibrium modeling framework to understand the global economic effects of war‐induced agricultural export declines from Ukraine, given the inability to export through the Black Sea. Results show net global welfare losses ranging from more than $5 billion to nearly $20 billion depending on the success of transport through European Solidarity Lanes.","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"4 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2024-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142219236","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}
引用次数: 0
Comparing the great recession and COVID-19 using Long Short-Term Memory: A close look into agricultural commodity prices 利用长短期记忆比较大衰退和 COVID-19仔细研究农产品价格
IF 3.3 2区 经济学
Applied Economic Perspectives and Policy Pub Date : 2024-08-28 DOI: 10.1002/aepp.13472
Modhurima Dey Amin, Syed Badruddoza, Oscar Sarasty
{"title":"Comparing the great recession and COVID-19 using Long Short-Term Memory: A close look into agricultural commodity prices","authors":"Modhurima Dey Amin,&nbsp;Syed Badruddoza,&nbsp;Oscar Sarasty","doi":"10.1002/aepp.13472","DOIUrl":"10.1002/aepp.13472","url":null,"abstract":"<p>We employ a neural network (NN) approach—Long Short-Term Memory (LSTM)—to study agricultural commodity prices during the 2008 Great Recession and the COVID-19 recession. Our analysis reveals more structural breaks and higher volatility in plant-based commodities like corn and soybeans during recessions compared with animal-based commodities. The price reactions varied among commodities, with corn responding first to both recessions, while milk price, which was found independent of other prices, recovered last from the financial recession and first from the disease-induced recession. This insight into commodity behavior during recessions can aid in trend prediction and recession preparation for investors and researchers.</p>","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"46 4","pages":"1406-1428"},"PeriodicalIF":3.3,"publicationDate":"2024-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/aepp.13472","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142227304","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}
引用次数: 0
The EU target for organic farming: Potential economic and environmental impacts of two alternative pathways 欧盟有机农业目标：两种备选途径对经济和环境的潜在影响
IF 5.8 2区 经济学
Applied Economic Perspectives and Policy Pub Date : 2024-08-22 DOI: 10.1002/aepp.13470
Dimitrios Kremmydas, Caetano Beber, Edoardo Baldoni, Pavel Ciaian, Thomas Fellmann, Alexander Gocht, Jordan Hristov, Davide Pignotti, Dolores Rey Vicario, Davit Stepanyan, Pascal Tillie
{"title":"The EU target for organic farming: Potential economic and environmental impacts of two alternative pathways","authors":"Dimitrios Kremmydas, Caetano Beber, Edoardo Baldoni, Pavel Ciaian, Thomas Fellmann, Alexander Gocht, Jordan Hristov, Davide Pignotti, Dolores Rey Vicario, Davit Stepanyan, Pascal Tillie","doi":"10.1002/aepp.13470","DOIUrl":"https://doi.org/10.1002/aepp.13470","url":null,"abstract":"The EU aims to reach 25% of the total agricultural area under organic farming by 2030. Interlinking a farm‐level and agro‐economic market model, we assess impacts of achieving the target either at Member State or aggregated EU level. Results show that flexible budget allocation across Member States would be more cost‐efficient and less detrimental to EU production. Conversely, targeting at Member State level proves more effective in generating greater aggregated and more evenly distributed environmental benefits across EU regions. The results indicate the importance of leveraging tailored approaches to optimize organic farming outcomes across the EU.","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"115 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2024-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142219239","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}
引用次数: 0
Product differentiation, quality, and milk price stability: The case of the Swiss cheese market 产品差异化、质量和牛奶价格的稳定性：瑞士奶酪市场案例
IF 5.8 2区 经济学
Applied Economic Perspectives and Policy Pub Date : 2024-08-12 DOI: 10.1002/aepp.13467
Yanbing Wang, Simon Hug, Judith Irek, Robert Finger
{"title":"Product differentiation, quality, and milk price stability: The case of the Swiss cheese market","authors":"Yanbing Wang, Simon Hug, Judith Irek, Robert Finger","doi":"10.1002/aepp.13467","DOIUrl":"https://doi.org/10.1002/aepp.13467","url":null,"abstract":"We investigate potential linkages between product and quality differentiation in the cheese markets and raw milk producer prices. We analyze the co‐movements of producer prices of milk delivered to cheese processing channels with different differentiation strategies, namely industrial, artisanal, and artisanal cheese with geographical indications (GI) in the Swiss dairy market. We find that overall, product and quality differentiation in cheese markets helps milk producers achieve higher and more stable prices. Additional GI protection does not guarantee further enhancement of producer prices. Rather, its effectiveness may depend largely on the strength of GI protection and the governance of producer organizations.","PeriodicalId":8004,"journal":{"name":"Applied Economic Perspectives and Policy","volume":"59 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2024-08-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142219237","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}
引用次数: 0
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