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Weather Shocks and Agri-Food Imports
[Chocs météorologiques et importations agroalimentaires]

Author

Listed:
  • Clément Nedoncelle

    (UMR PSAE - Paris-Saclay Applied Economics - AgroParisTech - Université Paris-Saclay - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

Abstract

Food security is threatened by weather shocks. I estimate how weather shocks in destination affect imports, both in value, volume, and average price. Using aggregate trade data, on agri-food products, and destinationspecific yearly degree-days, from 1995 to 2017, I estimate a gravity equation. Countries facing adverse weather shocks do not import more in value, but import less in quantity, and with larger prices. Results are consistent with the idea that weather shocks deter revenues, expenditures and import demand. Overall, imports do not allow to cope with negative agri-food production shocks.

Suggested Citation

  • Clément Nedoncelle, 2023. "Weather Shocks and Agri-Food Imports [Chocs météorologiques et importations agroalimentaires]," Working Papers hal-04257040, HAL.
  • Handle: RePEc:hal:wpaper:hal-04257040
    Note: View the original document on HAL open archive server: https://hal.science/hal-04257040
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    Keywords

    Agri-food; Trade; Imports; Weather;
    All these keywords.

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