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Home Browse 2021 - Volume 123 Volume 123 - Issue 3

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

byGONZALEZ-MARTINEZ, Ana Rosa,JONGENEEL, Roel,SALAMON, Petra,ZEZZA, Annalisa,DE MARIA, FedericaandPOTORI, Norbert
  • Year 2021
  • Volume 123
  • Issue 3
  • Pages 153-158

This paper investigates the effects of three different simulated post-COVID-19 recovery GDP growth rates during 2021-2023 (baseline, optimistic and pessimistic scenarios) for agricultural markets in four selected EU Member States (the Netherlands, Germany, Italy, and Hungary) compared to a pre-COVID-19 projection. Empirical results are derived from the AGMEMOD model. A self-sufficiency ratio is utilised to summarise the net effects on consumption and supply in the agricultural markets. The country level analysis confirms that the agriculture sector in the EU has been quite resilient during the pandemic. The simulated impacts of the different GDP shocks on the agri-food sector are limited, which also conforms to reality, but changes in consumer behaviour could lead to longer lasting impacts on specific sectors.

Tags: AGMEMOD modelagri-food sectorCovid-19GDP shocks
  • https://doi.org/10.7896/j.2215
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  • Scopus SJR (2024): 0.37
  • Scopus CiteScore (2024): 2.5
  • WoS Journal Impact Factor (2024): 1.0
  • WoS 5 year Impact Factor (2024): 1.2
  • ISSN (electronic): 2063-0476
  • ISSN-L 1418-2106

 

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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

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

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Keywords

adoption (6) agri-food trade (4) agricultural exports (3) agricultural policy (3) agriculture (13) AKIS (4) Albania (4) CAP (4) Central and Eastern Europe (3) climate change (7) Common Agricultural Policy (4) competitiveness (5) consumer behaviour (4) consumer preferences (5) Covid-19 (7) dairy sector (3) digitalisation (4) economic growth (3) efficiency (4) elasticity (3) European Union (8) FADN (3) family farms (4) farm income (3) farm performance (3) food security (6) Hungary (5) impact evaluation (4) innovation (5) Kosovo (3) LEADER (4) off-farm income (4) policy (4) price transmission (3) productivity (3) profitability (5) resilience (3) risk management (3) rural areas (4) rural development (13) sustainability (8) sustainable agriculture (4) sustainable development (4) technical efficiency (6) Ukraine (4)
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