• Home
  • About
  • Submit an article
  • Browse
No Result
View All Result
  • Home
  • About
  • Submit an article
  • Browse
No Result
View All Result
Akistudies
No Result
View All Result
Home Browse 2021 - Volume 123 Volume 123 - Issue 2

COVID-19, spatial market integration and producer prices: A case study of EU agri-food markets

by HAMULCZUK, Mariusz and SKRZYPCZYK, Marta
1 min read
  • Year 2021
  • Volume 123
  • Issue 2
  • Pages 53-61

The spread of COVID-19 has had a significant impact on economic and social activities, with the agri-food sector being no exception. Since the COVID-19 outbreak, numerous studies investigating its sectoral influence have been carried out, putting emphasis on demand and supply shocks and changes in trade volumes. However, there has not been much research into the implications of the pandemic for prices. To fill the research gap, this paper is an attempt to examine the impact of COVID-19 on producer prices in the EU-27 in Q2 and Q3 of 2020. The study is based on monthly data on trade in agri-food commodities according to the SITC classification in 2015-2020 and the monthly producer prices index of food (2015 = 100) in the EU countries. It was assumed that the agri-food trade balance is the key factor determining the level and changes of domestic prices. The theoretical background for empirical research is provided by a spatial partial equilibrium model and the concept of spatial market integration. The results of the study reveal that there is a negative and statistically significant relationship between an export-import ratio (which illustrates the country’s self-sufficiency level) in the pre-COVID-19 period and price changes in Q2 of 2020 as well as Q3 of 2020. However, no statistically significant results were obtained for the regression models explaining the relationship between changes in the export/import ratio and price changes in second and third quarters of 2020.

Keywords: agri-food pricesCovid-19European Unioninternational trademarket integration
  • https://doi.org/10.7896/j.2137
Download PDF
Previous Post

Factors influencing consumers’ behaviour towards organic food purchase in Denmark and Tanzania

Next Post

The COVID-19 pandemic and the EU agri-food sector: Member State impacts and recovery pathways

Search

No Result
View All Result

Journal Metrics

Scimago Journal & Country Rank

 

 

 

 

  • Scopus SJR (2021): 0.28
  • Scopus CiteScore (2021): 1.5
  • CitEc Impact Factor: 0.25
  • 5-Year CitEc Impact Factor: 0.44
  • 5-Year CitEc H index: 7
  • ISSN (electronic): 2063-0476
  • ISSN-L 1418-2106

GDPR – Content Alert

 

GDPR – Submission

 

Publication Ethics and Malpractice Statement (PEMS)

 

Instructions for Authors

Most viewed

Institutions and Agricultural Economics: a theoretical framework from Evolutionary Institutionalism

by Attila Jambor
22/04/2022
0

This paper aims to present central concepts of Evolutionary Institutionalism and to highlight analytical elements that may be useful for...

Investigating eligible markets for Radicchio Rosso di Treviso PGI: the OMOI method

by Attila Jambor
22/04/2022
0

This paper contributes to the existing literature on geographical indications and, in particular, on the economic analysis of vegetables bearing...

Business opportunities in short food supply chains: the economic sustainability of three Hungarian para-gastro restaurants

by Attila Jambor
22/04/2022
0

Social enterprises have both economic and social motivations. This hybridity also determines their business model: these companies survive economically in...

Climate Factors and Maize Price Volatility in Developing Countries: Evidence from Benin

by Attila Jambor
22/04/2022
0

Changes in climate conditions are expected to significantly alter food production patterns and increase food price volatility, leading to challenges...

Keywords

adoption (4) agricultural insurance (2) agriculture (12) assessment (2) CAP (3) Central and Eastern Europe (3) climate change (5) Common Agricultural Policy (3) competitiveness (5) consumer preferences (4) Covid-19 (4) dairy farms (3) Data Envelopment Analysis (3) determinants (2) elasticity (3) European Union (6) FADN (3) family farms (4) farmers (3) farm income (3) Hungary (5) ICT (2) impact evaluation (4) innovation (4) international trade (2) intra-industry trade (2) LEADER (4) maize (3) methodology (2) Nigeria (2) off-farm income (4) organic farming (2) participation (3) policy (4) risk management (3) rural areas (4) rural development (13) rural employment (2) social capital (3) social innovation (3) stochastic frontier analysis (2) Structural Funds (3) sustainability (5) sustainable agriculture (3) technical efficiency (2)
Institute of Agricultural Economics
  • Home
  • About
  • Browse
  • Submission
© 2019 Copyright All rights reserved.
No Result
View All Result
  • Home
  • About
  • Submit an article
  • Browse

© 2019 Copyright All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.