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Tag: agri-food prices

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

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 ...

Journal Metrics

Scimago Journal & Country Rank

 

 

 

 

  • Scopus SJR (2023): 0.29
  • Scopus CiteScore (2022): 2.0
  • WoS Journal Impact Factor (2022): 1.2
  • WoS Journal Citation Indicator (2022): 0.45
  • ISSN (electronic): 2063-0476
  • ISSN-L 1418-2106

 

Impressum

Publisher Name: Institute of Agricultural Economics Nonprofit Kft. (AKI)

Publisher Headquarters: Zsil utca 3-5, 1093-Budapest, Hungary

Name of Responsible Person for Publishing:        Dr. Pal Goda

Name of Responsible Person for Editing:             Dr. Attila Jambor

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

The publication cost of the journal is supported by the Hungarian Academy of Sciences.

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