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Bilateral Trade and Food Security

Author

Listed:
  • Brooks, Douglas

    (Asian Development Bank)

  • Ferrarini, Benno

    (Asian Development Bank)

  • Go, Eugenia

    (Asian Development Bank)

Abstract

We analyze the relationship between food security and trade, focusing on food importers’ exposure to sudden market failures from relying on a narrow range of international suppliers. We compute a bilateral import penetration index (BIPI), which gauges the degree to which a country depends on another for food imports. Food trade maps are drawn by the application of a force-directed algorithm that sorts through computed BIPIs and maps the nodes corresponding to the strength of bilateral ties between country pairs, thereby showing importers’ vulnerabilities to disruptions in bilateral channels. Results suggest that measures aimed at diversifying supply sources reduce vulnerability.

Suggested Citation

  • Brooks, Douglas & Ferrarini, Benno & Go, Eugenia, 2013. "Bilateral Trade and Food Security," ADB Economics Working Paper Series 367, Asian Development Bank.
  • Handle: RePEc:ris:adbewp:0367
    Note: http://www.adb.org/sites/default/files/pub/2013/ewp-367.pdf
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    References listed on IDEAS

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    3. L. ALAN WINTERS & NEIL McCULLOCH & ANDREW McKAY, 2015. "Trade Liberalization and Poverty: The Evidence So Far," World Scientific Book Chapters,in: Non-Tariff Barriers, Regionalism and Poverty Essays in Applied International Trade Analysis, chapter 14, pages 271-314 World Scientific Publishing Co. Pte. Ltd..
    4. Jane Korinek & Mark Melatos, 2009. "Trade Impacts of Selected Regional Trade Agreements in Agriculture," OECD Trade Policy Papers 87, OECD Publishing.
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    6. Kym Anderson & Anna Strutt, 2012. "Agriculture and Food Security in Asia by 2030," Development Economics Working Papers 23309, East Asian Bureau of Economic Research.
    7. Trueblood, Michael A. & Shapouri, Shahla, 2001. "Implications of Trade Liberalization on Food Security of Low-income Countries," Agricultural Information Bulletins 33705, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Bonaccorsi di Patti, Emilia & Sette, Enrico, 2016. "Did the securitization market freeze affect bank lending during the financial crisis? Evidence from a credit register," Journal of Financial Intermediation, Elsevier, vol. 25(C), pages 54-76.

    More about this item

    Keywords

    food security; trade; bilateral trade; agriculture; agriculture trade;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy

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