The COVID‐19 pandemic and trade in agricultural products

William Ridley, Sherzod Akhundjanov and Stephen Devadoss

The World Economy, 2023, vol. 46, issue 8, 2432-2455

Abstract: In this study, we develop a structural gravity model to analyse the effects of the ongoing COVID‐19 pandemic on international trade in food and agriculture. Using detailed data on trade flows, we estimate the trade impacts of the pandemic for major sectors in food and agriculture. Supply‐side impacts on trade caused by reductions in labour tend to be largest in labour‐intensive sectors such as meat processing and processed fruit and vegetables. The supply‐side export effects are dwarfed by the demand‐side import effects, as the recessionary impact of the pandemic drives significant decreases in imports, largely in processed goods and labour‐intensive commodities.

Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/twec.13376

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:worlde:v:46:y:2023:i:8:p:2432-2455

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0378-5920

Access Statistics for this article

The World Economy is currently edited by David Greenaway

More articles in The World Economy from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().