Tag: market size

This paper has used multilateral foreign divestment (FD) data covering 1991 to 2017 for 50 countries, fitted to an optimised model based on microeconomic theory, to estimate the drivers of FD out of agriculture. Identifying the factors that determine FD would offer an opportunity for policymakers to know what kind of policies can discourage FD. Furthermore, knowledge of the directional effect would offer a way to use the policy variables to appropriately influence FD. Market size, exchange rate, political regime characteristics and transitions as well as the level of development drive FD out of agriculture globally. Trade openness and access to land resources have not been found to determine FD. Consequently, agricultural economy managers should work towards increasing the size of the agricultural economy; they should also liaise with their respective country’s Central Banks with a view to ensure exchange rate stability, and with their governments in order to promote better political regime characteristics and smoother political transitions.

In order to understand the global importance of foods with Geographical Indications (GIs), it is essential to get an overview of the market size for such products. In spite of the relative importance of GI policy in EU trade agreements, there are only very limited data available on the actual market size for GI labelled products. Against this background this paper collects all the available data that provides estimates of the market size for GI foods, analysing the available datasets and reports of the European Commission and conducting a systematic literature review on the academic papers related to this topic. Based on the results we can underline the high level of concentration of GI products in terms of origin and product category. The most important GI market is the domestic market of the European Union even though the share of GI production is only a minor part of total agri-food output. On the other hand, GI products with both significant market size (domestic and export) and remarka¬ble market share also exist, but these are a small set of all registered GI products and are concentrated in only a few countries.