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This paper analyzes the impact of Covid-19 and uncooperative trade policies on world food markets. It quantifies the … domestic food markets could magnify the initial shock. The analysis shows that, in the quarter following the outbreak of the … pandemic, the global export supply of food could decrease between 6 and 20 percent and global prices increase between 2 and 6 …
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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 …
Persistent link: https://www.econbiz.de/10009534889
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 …
Persistent link: https://www.econbiz.de/10009522310
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