A case study of agri-food systems in rural Spain: Impacts, responses and institutional lessons

Raquel Fernández-González, Félix Puíme-Guillén and Mirela Panait
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Raquel Fernández-González: Department of Applied Economics, Faculty of Economics and Business, University of Vigo, Vigo, Spain
Félix Puíme-Guillén: Department of Business, Faculty of Economics and Business, University of A Coruña, A Coruña, Spain
Mirela Panait: Cybernetics, Economic Informatics, Finance and Accounting Department, Economical Sciences Faculty, Petroleum and Gas University from Ploiești, Ploiești, Romania

Agricultural Economics, 2022, vol. 68, issue 5, 159-170

Abstract: Galicia is one of Spain's leading regions regarding agricultural and livestock production. In the light of the COVID-19 crisis, the permeability to the economic shocks of these sectors led to an unprecedented recession, given the heterogeneity of their characteristics, resulting in widespread losses. The main objective of this article is to analyze the impact of COVID-19 in the agricultural and livestock sectors in Galicia and, at the same time, identify the degree of affectation in each of these sectors, determine the impact of the pandemic in each province and study the institutional responses to the COVID-19 crisis. For this purpose, financial analysis of these sectors will be carried out through a sample of 998 companies. The results show a variation in operating income of -16.41% in the agricultural sector and -9.15% in the livestock sector in Galicia, although they are mixed across the different provinces of the region. Despite the articulation of a network of public aids and the adoption of new commercialization strategies, there are sub-sectors with high losses, such as the ornamental plant industry and the subsector dedicated to the production of beef.

Keywords: agriculture and livestock; COVID-19; economic performance; ecosystem management; food supply chains; food system resilience (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:caa:jnlage:v:68:y:2022:i:5:id:65-2022-agricecon

DOI: 10.17221/65/2022-AGRICECON

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