IDEAS home Printed from https://ideas.repec.org/a/gam/jlands/v11y2022i6p938-d842269.html
   My bibliography  Save this article

How Has the COVID-19 Pandemic Affected the Different Branches of the Agri-Food Industry in Extremadura (Spain)?

Author

Listed:
  • Celia Sama-Berrocal

    (Department of Economics, Faculty of Economics and Business Sciences, University of Extremadura, Avd. Elvas, s/n, 06006 Badajoz, Spain)

  • Beatriz Corchuelo Martínez-Azúa

    (Department of Economics, Faculty of Economics and Business Sciences, University of Extremadura, Avd. Elvas, s/n, 06006 Badajoz, Spain)

Abstract

The COVID-19 pandemic has had a significant impact on the world economy since 2020. This study analyzed the impact of the pandemic on innovative agri-food companies from different branches of agro-industrial activity located in Extremadura (Spain). The main aim of this study was to determine which activities have been most affected. Differences between actions and changes made depending on the nature of the product, process, or services were also evaluated. The information was obtained from an online questionnaire in which the research questions were posed (what consequences, actions, or changes has the pandemic had on the development of firms’ activities?). Data were analyzed descriptively, and a statistical study was conducted on the existence or absence of independence between effects and actions based on the branches of activity of agri-food industries. The main results showed that companies’ financial (decrease in turnover and reduction/displacement of product demand) and operational functioning (difficulty in marketing activities and standstill/decline in the fiscal year) has mainly been affected. In response, innovative agro-industries have acted regarding their processes (increased ICT use and new marketing strategies) and procedures (implementation of stricter hygienic-sanitary protocols and reorganization of activities and personnel) to deal with the negative effects on their activities. In general, all agro-industrial branches have incorporated changes in their products and services, mainly by providing new and better customer benefits, and improving product formats and forms of payment to suppliers. These findings provide information for the regional public administration in the development of initiatives that mitigate the negative effects of the pandemic and favor the implementation of actions that help the adaptation of agro-industrial activities. Agricultural policies should incorporate specialized measures to ensure the global sustainability of the food and agriculture system and the supply and production.

Suggested Citation

  • Celia Sama-Berrocal & Beatriz Corchuelo Martínez-Azúa, 2022. "How Has the COVID-19 Pandemic Affected the Different Branches of the Agri-Food Industry in Extremadura (Spain)?," Land, MDPI, vol. 11(6), pages 1-29, June.
  • Handle: RePEc:gam:jlands:v:11:y:2022:i:6:p:938-:d:842269
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2073-445X/11/6/938/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2073-445X/11/6/938/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Thomas Hale & Noam Angrist & Rafael Goldszmidt & Beatriz Kira & Anna Petherick & Toby Phillips & Samuel Webster & Emily Cameron-Blake & Laura Hallas & Saptarshi Majumdar & Helen Tatlow, 2021. "A global panel database of pandemic policies (Oxford COVID-19 Government Response Tracker)," Nature Human Behaviour, Nature, vol. 5(4), pages 529-538, April.
    2. Anamika Menon & Dietrich Schmidt-Vogt, 2022. "Effects of the COVID-19 Pandemic on Farmers and Their Responses: A Study of Three Farming Systems in Kerala, South India," Land, MDPI, vol. 11(1), pages 1-30, January.
    3. Jeffrey V Lazarus & Scott Ratzan & Adam Palayew & Francesco C Billari & Agnes Binagwaho & Spencer Kimball & Heidi J Larson & Alessia Melegaro & Kenneth Rabin & Trenton M White & Ayman El-Mohandes, 2020. "COVID-SCORE: A global survey to assess public perceptions of government responses to COVID-19 (COVID-SCORE-10)," PLOS ONE, Public Library of Science, vol. 15(10), pages 1-18, October.
    4. Dongya Liu & Xinqi Zheng & Lei Zhang, 2021. "Simulation of Spatiotemporal Relationship between COVID-19 Propagation and Regional Economic Development in China," Land, MDPI, vol. 10(6), pages 1-15, June.
    5. Calza, Elisa & Lavopa, Alejandro & Ligia Zagato, 2022. "Advanced digital technologies and industrial resilience during the COVID-19 pandemic: A firm-level perspective," MERIT Working Papers 2022-008, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    6. Michał Dudek & Ruta Śpiewak, 2022. "Effects of the COVID-19 Pandemic on Sustainable Food Systems: Lessons Learned for Public Policies? The Case of Poland," Agriculture, MDPI, vol. 12(1), pages 1-19, January.
    7. Goodell, John W., 2020. "COVID-19 and finance: Agendas for future research," Finance Research Letters, Elsevier, vol. 35(C).
    8. Sigala, Marianna, 2020. "Tourism and COVID-19: Impacts and implications for advancing and resetting industry and research," Journal of Business Research, Elsevier, vol. 117(C), pages 312-321.
    9. Zaghum Umar & Francisco Jareño & Ana Escribano, 2022. "Dynamic return and volatility connectedness for dominant agricultural commodity markets during the COVID-19 pandemic era," Applied Economics, Taylor & Francis Journals, vol. 54(9), pages 1030-1054, February.
    10. Behzadi, Golnar & O’Sullivan, Michael Justin & Olsen, Tava Lennon, 2020. "On metrics for supply chain resilience," European Journal of Operational Research, Elsevier, vol. 287(1), pages 145-158.
    11. Vera Amicarelli & Caterina Tricase & Alessia Spada & Christian Bux, 2021. "Households’ Food Waste Behavior at Local Scale: A Cluster Analysis after the COVID-19 Lockdown," Sustainability, MDPI, vol. 13(6), pages 1-14, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Magdalena Karwacka & Katarzyna Rybak & Michał Świeca & Sabina Galus & Monika Janowicz, 2022. "The Effect of the Addition of Selected Fruit Pomace Powders and Pectin as Carrier Agents on the Nutritional Value of Freeze-Dried Snacks," Sustainability, MDPI, vol. 14(20), pages 1-16, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Segarra-Blasco, Agustí & Teruel, Mercedes & Cattaruzzo, Sebastiano, 2021. "The economic reaction to non-pharmaceutical interventions during Covid-19," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 592-608.
    2. Ren, He & Zheng, Yi, 2023. "COVID-19 vaccination and household savings: An economic recovery channel," Finance Research Letters, Elsevier, vol. 54(C).
    3. Ehsan Poursoleyman & Gholamreza Mansourfar & Mohammad Kabir Hassan & Saeid Homayoun, 2024. "Did Corporate Social Responsibility Vaccinate Corporations Against COVID-19?," Journal of Business Ethics, Springer, vol. 189(3), pages 525-551, January.
    4. Ratan J. S. Dheer & Carolyn P. Egri & Len J. Treviño, 2021. "A cross-cultural exploratory analysis of pandemic growth: The case of COVID-19," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(9), pages 1871-1892, December.
    5. Tran, Yen & Vu, Huong & Klusak, Patrycja & Kraemer, Moritz & Hoang, Tri, 2021. "Sovereign credit ratings during the COVID-19 pandemic," International Review of Financial Analysis, Elsevier, vol. 78(C).
    6. Libertad Moreno-Luna & Rafael Robina-Ramírez & Marcelo Sánchez-Oro Sánchez & José Castro-Serrano, 2021. "Tourism and Sustainability in Times of COVID-19: The Case of Spain," IJERPH, MDPI, vol. 18(4), pages 1-21, February.
    7. Al-Nassar, Nassar S. & Yousaf, Imran & Makram, Beljid, 2023. "Spillovers between positively and negatively affected service sectors from the COVID-19 health crisis: Implications for portfolio management," Pacific-Basin Finance Journal, Elsevier, vol. 79(C).
    8. Anastasiou, Dimitris & Ballis, Antonis & Drakos, Konstantinos, 2022. "Constructing a positive sentiment index for COVID-19: Evidence from G20 stock markets," International Review of Financial Analysis, Elsevier, vol. 81(C).
    9. Agata Balińska & Wioletta Olejniczak, 2021. "Experiences of Polish Tourists Traveling for Leisure Purposes during the COVID-19 Pandemic," Sustainability, MDPI, vol. 13(21), pages 1-14, October.
    10. Christian Beer & Janine Maniora & Christiane Pott, 2023. "COVID-19 pandemic and capital markets: the role of government responses," Journal of Business Economics, Springer, vol. 93(1), pages 11-57, January.
    11. Al-Hadi, Ahmed & Al-Abri, Almukhtar, 2022. "Firm-level trade credit responses to COVID-19-induced monetary and fiscal policies: International evidence," Research in International Business and Finance, Elsevier, vol. 60(C).
    12. Umar, Zaghum & Mokni, Khaled & Escribano, Ana, 2022. "Connectedness between the COVID-19 related media coverage and Islamic equities: The role of economic policy uncertainty," Pacific-Basin Finance Journal, Elsevier, vol. 75(C).
    13. Ashraf, Badar Nadeem & El Ghoul, Sadok & Goodell, John W. & Guedhami, Omrane, 2022. "What does COVID-19 teach us about the role of national culture? Evidence from social distancing restrictions," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 80(C).
    14. Bickley, Steve J. & Brumpton, Martin & Chan, Ho Fai & Colthurst, Richard & Torgler, Benno, 2021. "The stabilizing effect of social distancing: Cross-country differences in financial market response to COVID-19 pandemic policies," Research in International Business and Finance, Elsevier, vol. 58(C).
    15. Stojetz, Wolfgang & Ferguson, Neil T.N. & Baliki, Ghassan & Díaz, Oscar & Elfes, Jan & Esenaliev, Damir & Freudenreich, Hanna & Koebach, Anke & Abreu, Liliana & Peitz, Laura & Todua, Ani & Schreiner, , 2022. "The Life with Corona survey," Social Science & Medicine, Elsevier, vol. 306(C).
    16. Judit Temesvary & Andrew Wei, 2021. "Domestic Lending and the Pandemic: How Does Banks' Exposure to Covid-19 Abroad Affect Their Lending in the United States?," Finance and Economics Discussion Series 2021-056r1, Board of Governors of the Federal Reserve System (U.S.), revised 17 Nov 2021.
    17. Sotirios Varelas, 2022. "Virtual Immersive Platforms as a Strategic Innovative Destination Marketing Tool in the COVID-19 Era," Sustainability, MDPI, vol. 14(19), pages 1-15, October.
    18. Iva Gregurec & Martina Tomičić Furjan & Katarina Tomičić-Pupek, 2021. "The Impact of COVID-19 on Sustainable Business Models in SMEs," Sustainability, MDPI, vol. 13(3), pages 1-24, January.
    19. Jacqueline Ruth & Steffen Willwacher & Oliver Korn, 2022. "Acceptance of Digital Sports: A Study Showing the Rising Acceptance of Digital Health Activities Due to the SARS-CoV-19 Pandemic," IJERPH, MDPI, vol. 19(1), pages 1-16, January.
    20. Hannah Carver & Tracey Price & Danilo Falzon & Peter McCulloch & Tessa Parkes, 2022. "Stress and Wellbeing during the COVID-19 Pandemic: A Mixed-Methods Exploration of Frontline Homelessness Services Staff Experiences in Scotland," IJERPH, MDPI, vol. 19(6), pages 1-20, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jlands:v:11:y:2022:i:6:p:938-:d:842269. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.