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The economics of food security in Arab micro states: preliminary evidence from micro data

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  • Basher, Syed Abul
  • Raboy, David G.
  • Kaitibie, Simeon
  • Hossain, Ishrat

Abstract

Using 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 Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 39357.

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Date of creation: Jun 2012
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Handle: RePEc:pra:mprapa:39357

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Keywords: Food security; Import data; Market concentration; Price volatility; Logistic inefficiency;

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  1. Wiggins, Steven N & Raboy, David G, 1996. "Price Premia to Name Brands: An Empirical Analysis," Journal of Industrial Economics, Wiley Blackwell, vol. 44(4), pages 377-88, December.
  2. Streeten, Paul, 1993. "The special problems of small countries," World Development, Elsevier, vol. 21(2), pages 197-202, February.
  3. Easterly, William & Kraay, Aart, 2000. "Small States, Small Problems? Income, Growth, and Volatility in Small States," World Development, Elsevier, vol. 28(11), pages 2013-2027, November.
  4. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
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  6. Armstrong, Harvey & Read, Robert, 1995. "Western European micro-states and EU autonomous regions: The advantages of size and sovereignty," World Development, Elsevier, vol. 23(7), pages 1229-1245, July.
  7. Billor, Nedret & Hadi, Ali S. & Velleman, Paul F., 2000. "BACON: blocked adaptive computationally efficient outlier nominators," Computational Statistics & Data Analysis, Elsevier, vol. 34(3), pages 279-298, September.
  8. Ianchovichina, Elena & Loening, Josef & Wood, Christina, 2012. "How vulnerable are Arab countries to global food price shocks ?," Policy Research Working Paper Series 6018, The World Bank.
  9. Yang, Seung-Ryong & Koo, Won W., 1994. "Japanese Meat Import Demand Estimation With The Source Differentiated Aids Model," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(02), December.
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