Luckstead J., Luckstead J. (2024). Globalisation and agri-food trade. European review of agricultural economics, 01/01/2024, vol. 51, n. 1, p. 32-53.
https://doi.org/10.1093/erae/jbad038
https://doi.org/10.1093/erae/jbad038
Titre : | Globalisation and agri-food trade (2024) |
Auteurs : | J. Luckstead ; J. Luckstead |
Type de document : | Article |
Dans : | European review of agricultural economics (vol. 51, n. 1, January 2024) |
Article en page(s) : | p. 32-53 |
Langues : | Anglais |
Langues du résumé : | Anglais |
Catégories : |
Catégories principales 11 - COMMERCE ; 11.2 - Commercialisation. DistributionThésaurus IAMM COMMERCE AGRICOLE ; MONDIALISATION ; EVALUATION DE L'IMPACT |
Résumé : | This study utilises structural gravity models to examine the impact of globalisation on distance in agricultural and processed food trade, the relative effects of international distance and home bias effects. The results show that larger internal distances lower domestic sales. The home bias effect is substantially larger in agricultural commodities compared to processed agricultural commodities. Omitted variable bias is observed in friction variables when the relative intra-national distance and home market bias are excluded. After controlling for relative intra-national trade costs and the home bias effect, globalisation does not lead to a smaller impact of distance on trade. Substantial heterogeneity exists when analysing individual commodities. |
Cote : | Réservé lecteur CIHEAM |
URL / DOI : | https://doi.org/10.1093/erae/jbad038 |