Bilateral Trade and Food Security

Douglas Brooks, Benno Ferrarini and Eugenia Go
Additional contact information
Douglas Brooks: Asian Development Bank
Benno Ferrarini: Asian Development Bank
Eugenia Go: Asian Development Bank

No 367, ADB Economics Working Paper Series from Asian Development Bank

Abstract: We analyze the relationship between food security and trade, focusing on food importers’ exposure to sudden market failures from relying on a narrow range of international suppliers. We compute a bilateral import penetration index (BIPI), which gauges the degree to which a country depends on another for food imports. Food trade maps are drawn by the application of a force-directed algorithm that sorts through computed BIPIs and maps the nodes corresponding to the strength of bilateral ties between country pairs, thereby showing importers’ vulnerabilities to disruptions in bilateral channels. Results suggest that measures aimed at diversifying supply sources reduce vulnerability.

Keywords: food security; trade; bilateral trade; agriculture; agriculture trade (search for similar items in EconPapers)
JEL-codes: F13 Q17 Q18 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2013-08-29
New Economics Papers: this item is included in nep-agr and nep-sea
Note: http://www.adb.org/sites/default/files/pub/2013/ewp-367.pdf
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Citations: View citations in EconPapers (1)

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