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Agriculture
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Globalisation, Regionalisation, Market Integration and Price Analysis of Agricultural Products
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Globalisation, Regionalisation, Market Integration and Price Analysis of Agricultural Products

A special issue of Agriculture (ISSN 2077-0472). This special issue belongs to the section "Agricultural Economics, Policies and Rural Management".

Deadline for manuscript submissions: closed (10 December 2024) | Viewed by 8899

Special Issue Editors

Prof. Dr. Encarnación Moral-Pajares

E-Mail Website
Guest Editor
Department of Economy, University of Jaén, 23071 Jaén, Spain
Interests: international trade; olive oil; environmental protection; forests; wastewater
Prof. Dr. Leticia Gallego-Valero

E-Mail Website
Guest Editor
Department of Economy, University of Jaén, 23071 Jaén, Spain
Interests: agriculture; geographical indications; environmental taxes; world trade organization; sustainability

Special Issue Information

Dear Colleagues,

Since the beginning of the 21st century, exports of agricultural and agri-food products have maintained an intense dynamic and, in parallel, more countries have participated in these exchanges, including fruit and vegetable products, oilseeds, cereals, and meat and fish, which comprise a greater percentage of the total. Trade in agricultural products promotes the productive specialization of national economies, with benefits derived from this in terms of productivity and efficiency, and promotes access to food, contributing to guaranteeing global food security. The purpose of this monograph is to analyze the long-term trends that define the recent evolution of world trade in agricultural and agri-food products and, likewise, to investigate incipient changes that mark its nearest future, conditioned by various factors such as the war in Russia and Ukraine, the agreements of integration between countries and the development of trading blocs, the restrictive trade policies that have become widespread since the 2008 crisis, the effects of climate change on agricultural production and prices, the increase in fertilizer prices or the need to make the growth of the agri-food sector compatible with the sustainability of rural areas and environmental conservation. This Special Issue invites all types of articles, applying qualitative, quantitative, or mixed methodologies, as well as both empirical primary research and reviews, along with commentaries.

Prof. Dr. Encarnación Moral-Pajares
Prof. Dr. Leticia Gallego-Valero
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Agriculture is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • international trade
  • trade agreements
  • trade restrictions
  • world trade organization
  • Russia-Ukraine war
  • drought
  • climate change
  • agricultural prices
  • inflation
  • food safety
  • sustainability
  • geographical indications
  • environmental protection

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Published Papers (6 papers)

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Research

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15 pages, 620 KiB  
Article
Price Volatility in the European Wheat and Corn Market in the Black Sea Agreement Context
by Elżbieta M. Kacperska, Katarzyna Łukasiewicz, Marta Skrzypczyk and Joanna Stefańczyk
Agriculture 2025, 15(1), 91; https://doi.org/10.3390/agriculture15010091 - 2 Jan 2025
Viewed by 592
Abstract
The outbreak of war in Ukraine has severely disrupted global food and agricultural markets and affected commodity prices. The grain agreement, also known as the Black Sea Initiative, was concluded on 22 July 2022 by Ukraine, Russia, Turkey, and the United Nations, to [...] Read more.
The outbreak of war in Ukraine has severely disrupted global food and agricultural markets and affected commodity prices. The grain agreement, also known as the Black Sea Initiative, was concluded on 22 July 2022 by Ukraine, Russia, Turkey, and the United Nations, to alleviate the global food crisis caused by the conflict. This study aims to ascertain whether the agreement has resulted in the stabilization of cereal markets, examining the evolution of prices of wheat and corn, which are of significant importance in Ukrainian exports, throughout the duration of the agreement, including its signing, implementation, and expiration. The analysis, based on the GARCH model and using daily quotations of corn and wheat futures contracts of the European futures exchange Euronext from December 2021 to May 2024, indicates that prices were characterized by exceptionally high volatility in the period preceding the signing of the agreement, and at the time of its expiration. The uncertainty regarding cereal trade conditions has triggered shocks, with a long-lasting impact on price volatility. Full article
(This article belongs to the Special Issue Globalisation, Regionalisation, Market Integration and Price Analysis of Agricultural Products)
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26 pages, 20467 KiB  
Article
Roles of Economic Integration and Climate Distance in Agri-Food Trade: Evidence from the Asia-Pacific Region
by Qingtun Kong, Masaaki Yamada, Jiajun Wang, Muzi Li and Haisong Nie
Agriculture 2025, 15(1), 12; https://doi.org/10.3390/agriculture15010012 - 24 Dec 2024
Viewed by 614
Abstract
The Asia-Pacific region has gradually become a driver of global economic growth, with economic integration agreements (EIAs) and climate distance playing increasingly important roles in the agri-food trade in the 21st century. The recent signing and implementation of the Regional Comprehensive Economic Partnership [...] Read more.
The Asia-Pacific region has gradually become a driver of global economic growth, with economic integration agreements (EIAs) and climate distance playing increasingly important roles in the agri-food trade in the 21st century. The recent signing and implementation of the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have garnered global attention. This study examines the roles of different types of regional trade agreements and climate distance in the agri-food trade in the Asia-Pacific region and constructs a trade system involving 19 member countries of the RCEP and the CPTPP by analyzing panel data from 2003 to 2022. The Poisson pseudo-maximum likelihood estimator is employed to estimate an augmented gravity model that considers domestic trade flows, endogeneity issues, reverse causality, globalization effects, long-term effects, and overlapping membership. The empirical findings demonstrate that partial scope agreements and EIAs significantly promote bilateral agri-food trade, whereas temperature distance acts as a barrier and precipitation distance has a negligible effect. Overlapping members of the RCEP and CPTPP exhibit cumulative positive effects three years after the implementation of EIAs, resulting in an approximately 52.1% increase in the bilateral agri-food trade after ten years. Additionally, overlapping membership mitigates the long-term negative impact of temperature distance. This study reveals that the seven overlapping members of the RCEP and CPTPP in the Asia-Pacific region achieve greater benefits more quickly through EIAs, suggesting that overlapping membership can be an effective adaptive strategy for dealing with climate change. Full article
(This article belongs to the Special Issue Globalisation, Regionalisation, Market Integration and Price Analysis of Agricultural Products)
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16 pages, 570 KiB  
Article
Environmental Concerns of Agri-Food Product Consumers: Key Factors
by Sergio Valdelomar-Muñoz and Eva María Murgado-Armenteros
Agriculture 2024, 14(7), 1197; https://doi.org/10.3390/agriculture14071197 - 20 Jul 2024
Cited by 1 | Viewed by 1434
Abstract
Growing consumer interest in caring for the environment has motivated the development of multiple studies focused on discovering this variable’s impact on purchasing behaviour. However, a major gap still exists between attitude and pro-environmental behaviour caused by the need for greater environmental awareness, [...] Read more.
Growing consumer interest in caring for the environment has motivated the development of multiple studies focused on discovering this variable’s impact on purchasing behaviour. However, a major gap still exists between attitude and pro-environmental behaviour caused by the need for greater environmental awareness, among other things. Therefore, knowing the environmental issues that worry consumers of agrifood products is important. This work digs deeper into this issue by analysing these environmental concerns and examining differences between countries with different levels of environmental sensitivity. CAWI methodology has been used to conduct an online survey in four countries (Spain, Germany, the United Kingdom, and Denmark), with 3200 valid responses analysed using qualitative and quantitative techniques. The obtained results highlight the existence of 11 major environmental dimensions or issues for consumers of agri-food products. In addition, a correspondence analysis identifies two key factors, the first focused on a range of environmental problems of a more general nature and the second with greater interest focused on concern for biodiversity conservation. This study has implications for both the agri-food sector and European agricultural policy. Full article
(This article belongs to the Special Issue Globalisation, Regionalisation, Market Integration and Price Analysis of Agricultural Products)
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20 pages, 656 KiB  
Article
Globalization versus Regionalization in Agri-Food Exports from Spain and Portugal
by Encarnación Moral-Pajares, María Zozaya-Montes and Leticia Gallego-Valero
Agriculture 2024, 14(6), 963; https://doi.org/10.3390/agriculture14060963 - 19 Jun 2024
Cited by 1 | Viewed by 1847
Abstract
Spain and Portugal, two countries located in southern Europe, share a significant export specialization in agricultural and agri-food products compared to the EU-27 as a whole. Based on arguments drawn from the literature and information provided by Eurostat, this paper first identifies the [...] Read more.
Spain and Portugal, two countries located in southern Europe, share a significant export specialization in agricultural and agri-food products compared to the EU-27 as a whole. Based on arguments drawn from the literature and information provided by Eurostat, this paper first identifies the characteristics of the dynamics of sales of agri-food products in the international market for the two Iberian Peninsula economies between 2008 and 2022, a period marked by the introduction of restrictions on foreign trade flows worldwide. Secondly, using panel data methodology, it examines how imports by EU-27 partners influence this trajectory. The results confirm the strengthening of export specialization in these two countries, which sell a wide variety of agri-food products in international markets. Additionally, in the case of Spain, the estimated concentration indices show a spatial diversification process towards new destinations. In both economies, however, the EU-27 market, characterized by strong competition and low development expectations, continues to influence export trends in the short and medium terms. Consequently, institutions and companies in the sector must adopt a more dynamic approach and implement actions aimed at facilitating access to new export destinations and consolidating business there. Thus, an increasing share of their exports should be reoriented towards markets with higher demand growth, helping to reinforce the global competitiveness of the national agri-food sector. This research contributes to the scientific literature on the medium- and long-term effects of economic integration processes on the exports of agri-food products of member countries. Full article
(This article belongs to the Special Issue Globalisation, Regionalisation, Market Integration and Price Analysis of Agricultural Products)
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25 pages, 755 KiB  
Article
Unraveling the Major Determinants behind Price Changes in Four Selected Representative Agricultural Products
by Nisa Sansel Tandogan Aktepe and İhsan Erdem Kayral
Agriculture 2024, 14(5), 782; https://doi.org/10.3390/agriculture14050782 - 19 May 2024
Viewed by 1519
Abstract
This study aims to analyze the drivers behind price changes in agricultural products in Türkiye from 2002 to 2021, considering the impacts of three crises of different causes which are the global food crisis, the Russia–Türkiye aircraft crisis, and the COVID-19 pandemic. The [...] Read more.
This study aims to analyze the drivers behind price changes in agricultural products in Türkiye from 2002 to 2021, considering the impacts of three crises of different causes which are the global food crisis, the Russia–Türkiye aircraft crisis, and the COVID-19 pandemic. The potential factors are categorized into four subgroups: governmental effects, agricultural inputs, macroeconomic indicators, and climatic conditions. The selected agricultural goods for price change measurement include wheat and maize representing subsistence goods, and olive oil and cotton as marketing goods. The autoregressive distributed lag (ARDL) model is applied to observe both the short- and long-term impacts of the variables on price developments. The results suggest that government effectiveness, regulatory quality, nitrogen use, water price, money supply, exchange rate, and GDP under the related categories are the most effective factors in price changes. Among the variables under the category of climatic conditions, significant values are obtained only in the analysis of the temperature impact on olive oil. The analysis also reveals the variable impact of crises on the prices of the chosen products, depending on the goods involved. The maize and wheat analyses yield particularly noteworthy results. In the long run, nitrogen use demonstrates a substantial positive impact, registering at 29% for wheat and 19.47% for maize, respectively. Conversely, GDP exhibits a significant negative impact, with 26.15% and 20.08%. Short-term observations reveal that a unit increase in the governmental effect leads to a reduction in inflation for these products by 17.01% and 21.42%. However, changes in regulatory quality result in an increase in inflation by 25.45% and 20.77% for these products, respectively. Full article
(This article belongs to the Special Issue Globalisation, Regionalisation, Market Integration and Price Analysis of Agricultural Products)
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Review

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47 pages, 2452 KiB  
Review
Globalization vs. Glocalization: Learn Lessons from Two Global Crises, Such as the Russia–Ukraine Conflict and the COVID-19 Pandemic, for the Agro-Food and Agro-Industrial Sector
by Tomas Gabriel Bas
Agriculture 2025, 15(2), 155; https://doi.org/10.3390/agriculture15020155 - 12 Jan 2025
Viewed by 1385
Abstract
This article analyses the impacts of the Russia–Ukraine conflict and the COVID-19 pandemic on the supply chain and logistics related to the management of agro-food production based on a comprehensive review of the scientific literature. The challenges and lessons posed by market dependence [...] Read more.
This article analyses the impacts of the Russia–Ukraine conflict and the COVID-19 pandemic on the supply chain and logistics related to the management of agro-food production based on a comprehensive review of the scientific literature. The challenges and lessons posed by market dependence in a scenario of globalization through monopolies and oligopolies in the production and export of agro-food are assessed, highlighting the vulnerability and uncertainty faced when an international conflict occurs. The review examines the format of globalization versus glocalization, analyzing their respective advantages and disadvantages in supply chains and management in the context of two major crises such as the COVID-19 pandemic and the armed conflict between Ukraine and Russia. Likewise, the resilience of agro-food and agro-industrial systems that were negatively affected by food insecurity and food price inflation in parts of Europe, Africa, and other regions of the planet is analyzed. By identifying opportunities arising from these challenges, the research offers insights into fostering a more robust agro-food supply chain that is more adaptable to global crises based on the geographic location and regional development of agribusinesses capable of responding to demand in the event of a global crisis such as a pandemic or armed conflict. Full article
(This article belongs to the Special Issue Globalisation, Regionalisation, Market Integration and Price Analysis of Agricultural Products)
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