The economics of food security in Arab micro states: preliminary evidence from micro data
AbstractUsing Qatar as a case study, we exploit a novel micro dataset for 102 raw agricultural imported commodities on a shipment-by-shipment basis over the period January 1, 2005 to June 30, 2010. The data comprise over half a million individual observations, with a very rich set of characteristic specifications. Several interesting initial results emerge from the analysis. First, we find evidence of import-price volatility far in excess of world price volatility across a wide spectrum of commodities. Second, supply origins for virtually all commodities are highly concentrated. In many cases commodities are sole sourced. Third, although less so, concentration is evidenced among Qatari importing companies for certain commodities. Fourth, we notice anomalies that lead to inefficient shipping methodologies and associated increased costs. The paper concludes by providing guidance for future empirical research.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 39357.
Date of creation: Jun 2012
Date of revision:
Food security; Import data; Market concentration; Price volatility; Logistic inefficiency;
Find related papers by JEL classification:
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
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