IDEAS home Printed from https://ideas.repec.org/a/bba/j00010/v3y2024i4p1-14d401.html
   My bibliography  Save this article

Grain Trade: A Literature Review and Research Outlook

Author

Listed:
  • Ting Xu

    (Institute of Food and Strategic Reserves, Nanjing University of Finance and Economics, Nanjing, China)

Abstract

Grain trade plays a critical role in global grain security and the balance of grain supply and demand across countries. As globalization progresses, the complexity and diversity of grain trade have become increasingly prominent. Its significance extends beyond the economic sphere, directly impacting social stability and international relations. The dynamic development of grain trade is influenced by a variety of factors, including climate change, international economic policies, technological advancements, and geopolitics. At the same time, the complexity of global grain supply chains, the uncertainty of international trade policies, and the frequent occurrence of extreme climate events pose significant challenges to the smooth operation of grain trade. In recent years, there has been growing attention in the international community on how to achieve the sustainable development of grain trade by optimizing policies, strengthening international cooperation, and promoting technological innovation. This study systematically reviews the existing literature on grain trade, providing a comprehensive summary of the research landscape, covering factors influencing grain trade, development trends, supply chain management, and risk management. The goal is to provide a systematic analysis and insights for both academics and policymakers, as well as directions and references for future research. Additionally, the study explores how grain trade has maintained resilience amid global crises such as the COVID-19 pandemic and climate change, and offers strategic recommendations for achieving global grain security. This research aims to further promote the sustainable development of grain trade systems and provide strong support for global grain security and socioeconomic stability.

Suggested Citation

  • Ting Xu, 2024. "Grain Trade: A Literature Review and Research Outlook," Review of Economic Assessment, Anser Press, vol. 3(4), pages 1-14, December.
    • Handle: RePEc:bba:j00010:v:3:y:2024:i:4:p:1-14:d:401
    as

    Download full text from publisher

    File URL: https://www.anserpress.org/journal/rea/3/4/38/pdf
    Download Restriction: no
    File URL: https://www.anserpress.org/journal/rea/3/4/38
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Porteous, Obie, 2020. "Trade and agricultural technology adoption: Evidence from Africa," Journal of Development Economics, Elsevier, vol. 144(C).
    2. Philip C. Abbott, 1979. "Modeling International Grain Trade with Government Controlled Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(1), pages 22-31.
    Full references (including those not matched with items on IDEAS)

    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. Gardiner, Walter H. & Dixit, Praveen M, 1987. "Price Elasticity of Export Demand: Concepts and Estimates," Foreign Agricultural Economic Report (FAER) 305286, United States Department of Agriculture, Economic Research Service.
    2. Freebairn, John & Rausser, Gordon C. & de Gorter, Harry, 1981. "Government Intervention And Food Price Inflation," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279333, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Mahama, Ramatu, 1985. "A stochastic simulation of the impact of price insulation policies on world wheat market stability," ISU General Staff Papers 198501010800008868, Iowa State University, Department of Economics.
    4. Rausser, Gordon C., 1985. "Macroeconomic environment for U.S. agricultural policy," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2561m38d, Department of Agricultural & Resource Economics, UC Berkeley.
    5. Reimer, Jeffrey J. & Zheng, Xiaojuan & Gehlhar, Mark J., 2012. "Export Demand Elasticity Estimation for Major U.S. Crops," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 44(4), pages 1-15, November.
    6. Porteous, Obie, 2022. "Reverse Dutch disease with trade costs: Prospects for agriculture in Africa's oil-rich economies," Journal of International Economics, Elsevier, vol. 138(C).
    7. Abbott, Philip & Wu, Ce & Tarp, Finn, 2011. "Transmission of World Prices to the Domestic Market in Vietnam," MPRA Paper 84611, University Library of Munich, Germany.
    8. Grant MScobie & Alberto Valdés, 1982. "Modelación de Política Gubernamental: El Caso de las Importaciones de Alimentos, Políticas de Precios y la Balanza de Pagos en Egipto," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 19(58), pages 325-356.
    9. Dixit, Praveen M. & Martin, Marshall A., 1986. "Policymaking for U.S. Commodity Programs: A Case Study of the Coarse Grains Sector," Foreign Agricultural Economic Report (FAER) 147541, United States Department of Agriculture, Economic Research Service.
    10. Byerlee, Derek, 1983. "The Increasing Role of Wheat Consumption and Imports in the Developing World," Economics Working Papers 232448, CIMMYT: International Maize and Wheat Improvement Center.
    11. Surabhi Mittal, 2007. "OECD Agricultural Trade Reforms Impact On India's Prces and Producer's Welfare," Working Papers id:1072, eSocialSciences.
    12. Rauseer, Gordon C. & Zilberman, David & Just, Richard E., 1981. "The Distributional Impacts of Agricultural Programs," AAEA Miscellaneous Paper Archive 337331, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Song, Dae H. & Hallberg, Milton C., 1980. "An Economic Analysis Of Welfare Distribution .Among Trading Countries Under Alternative Market Inperfections," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278957, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Relwende Apollinaire Nikiema, 2021. "Adoption of yield-increasing technologies in poorly integrated crop output markets," Economics and Business Letters, Oviedo University Press, vol. 10(3), pages 319-330.
    15. Van der Sluis, Evert, 1988. "A nonlinear multicountry multicommodity spatial equilibrium model with an application," ISU General Staff Papers 1988010108000018153, Iowa State University, Department of Economics.
    16. Grigsby, S. Elaine & Simpson, James R., 1987. "Food Aid as a Development Tool: Colombia, 1950-80," 1987 Occasional Paper Series No. 4 197396, International Association of Agricultural Economists.
    17. Ahmadi-Esfahani, Fredoun Z., 2009. "Estimation of trade elasticities in the presence of trade barriers, multinationals and imperfect competition," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(3), pages 1-8.
    18. Barrett, Christopher B., 2002. "Food Aid And Commercial International Food Trade," Working Papers 14742, Cornell University, Department of Applied Economics and Management.
    19. Ahmadi-Esfahani, Fredoun Z. & Anderson, Glenn Michael, 1999. "Trade Elasticities: The Significance of Trade Barriers, Multinationals and Market Structure," 1999 Conference (43th), January 20-22, 1999, Christchurch, New Zealand 122328, Australian Agricultural and Resource Economics Society.
    20. Rastegari, Shida, 1982. "Feed grains imports and pricing in the European Economic Community," ISU General Staff Papers 198201010800008476, Iowa State University, Department of Economics.

    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:bba:j00010:v:3:y:2024:i:4:p:1-14:d:401. 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: Ramona Wang (email available below). General contact details of provider: https://www.anserpress.org .

    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.