Globalisation in agriculture and food: the role of multinational enterprises

Internalizing global value chains: a firm-level analysis

Margherita Scoppola

European Review of Agricultural Economics, 2021, vol. 48, issue 4, 741-784

Abstract: This paper reviews the state-of-the-art work on agri-food Multinational Enterprises (MNEs), by discussing the current state-of-play and the tools at our disposal to expand knowledge. After a critical discussion of available data, new data from OECD are used to provide a broad overview of the role of MNEs in the agri-food Global Value Chains (GVCs) and to draw a few stylized facts. Data reveals that in the food, beverages and tobacco industry MNE activity is higher than on average, while in agriculture it is lower; North-South flows are increasing as well as the role of MNE in the agri-food GVCs. The review of theoretical and of empirical literature shows how modern trade theories provide us with a strong theoretical background which, together with improved firm-level and country-level data, may help explaining observed patterns and effectively orientate empirical analyses of agri-food MNEs in several directions.

Keywords: FDI; Multinational enterprise; Global Value Chain; Food industry; Agriculture (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (7)

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