This paper studies the relationship between export policy and food prices. We show that, when individuals are loss … averse, food exporters may use trade policy to shield the domestic economy from large price shocks. This creates a … complementarity between the price of food in international markets and export policy. Specifically, unilateral actions by exporting …

We use two approaches to examine the macroeconomic consequences of disruptions in global food commodity markets. First …) in a standard vector autoregression (VAR) model, and we estimate the dynamic effects of global food commodity supply … shocks on the US economy. As an alternative, we also estimate the consequences of thirteen narratively identified global food …

the importing country. We examine how the risk of rejection at European borders is affecting Chinese agri-food exporters …