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Effects of the COVID-19 Pandemic on Natural Resource Markets
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Effects of the COVID-19 Pandemic on Natural Resource Markets

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Resources and Sustainable Utilization".

Deadline for manuscript submissions: closed (31 December 2022) | Viewed by 4895

Special Issue Editor

Dr. Kentaka Aruga

E-Mail Website
Guest Editor
Graduate School of Humanities and Social Sciences, Saitama University, 255 Shimo-Okubo, Sakura-ku, Saitama City, Japan
Interests: agricultural market; fisheries market; oil market; natural gas market; coal market; energy transition; energy security; energy-environmental Kuznets curve; time series analysis; discrete choice experiment; altruistic consumption
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Since lockdown regulations related to the COVID-19 pandemic often restricted business hours and the number of customers entering shops, as well as forcing strict social distancing, the pandemic had a devastating influence on restaurants and bars. Many of businesses even had to close their shops when such lockdown measures were implemented. It has been suggested that certain food demand has dropped related to the decline in shops continuing their business during the pandemic. Investigating how such demand shocks in the food industry related to the pandemic is a crucial issue. Furthermore, the lockdown has also influenced energy demand since human mobility has been restricted and more people have spent their time in their homes.

All these changes in consumer demand are likely reflected in prices of natural resources: agricultural, energy, mineral, water, etc. However, there are still few studies investigating how the COVID-19 shock has influenced the natural-resource markets.

To shed light on this issue, this Special Issue seeks to gather studies focusing on various regions and those examining the impacts of the pandemic on various natural resources. Studies comparing situations of various regions are also welcomed. For this Special Issue, submissions on diverse topics relevant but not limited to the following areas are welcome:

  • Effects of the pandemic on agricultural products;
  • Effects of the pandemic on the food industry;
  • Effects of the pandemic on seafood;
  • Effects of the pandemic on the beverage market;
  • Effects of the pandemic on energy markets such as oil, natural gas, and coal;
  • Effects of the pandemic on various mineral markets.

Dr. Kentaka Aruga
Guest Editor

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. Sustainability 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 2400 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

  • consumption
  • food industry
  • commodity price
  • fuels
  • minerals
  • electricity
  • water
  • agriculture
  • demand shock
  • supply shock
  • event
  • time-series data

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Published Papers (2 papers)

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Research

16 pages, 1152 KiB  
Article
Effects of the State of Emergency during the COVID-19 Pandemic on Tokyo Vegetable Markets
by Kentaka Aruga, Md. Monirul Islam and Arifa Jannat
Sustainability 2022, 14(15), 9719; https://doi.org/10.3390/su14159719 - 7 Aug 2022
Cited by 5 | Viewed by 2130
Abstract
The state of emergency (SOE) period in Tokyo under the COVID-19 pandemic restricted people to staying in their homes and changed human mobility, which has impacted the major agricultural markets in Tokyo. In this research, we analyzed how the changes in people’s staying-at-home [...] Read more.
The state of emergency (SOE) period in Tokyo under the COVID-19 pandemic restricted people to staying in their homes and changed human mobility, which has impacted the major agricultural markets in Tokyo. In this research, we analyzed how the changes in people’s staying-at-home behaviors during the four SOE periods (7 April 2020–28 October 2021) in Tokyo affected the daily market prices of cabbage, tomato, Japanese radish, carrot, and potato. Using the autoregressive distributed lag (ARDL) model, the study reveals that all the investigated vegetables except potatoes have a long-term relationship with the staying-at-home index. The long-term influence of staying-at-home behaviors on cabbage, tomato, radish, and carrot markets during the early SOE periods had a negative impact on these vegetable prices, indicating that an increase in the hours of staying-at-home as related to SOE measures might have decreased the demand for these vegetables. The negative impact of the stay-at-home index on vegetable prices lessened in the fourth SOE period, likely because more people did not remain in their homes. Moreover, the study findings reveal that, compared to less perishable vegetables, the price of perishable vegetables is more likely to have been affected by human mobility constraints during the pandemic. Therefore, agricultural policymakers should consider providing subsidies to producers based on the negative influence on market prices of perishable and less perishable vegetables in pandemic situations, such as COVID-19. Full article
(This article belongs to the Special Issue Effects of the COVID-19 Pandemic on Natural Resource Markets)
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10 pages, 892 KiB  
Article
Impact of the Number of Hours Spent at Home on the Volume of Municipal Waste Generated: Evidence from Tokyo during the COVID-19 Pandemic
by Kentaka Aruga
Sustainability 2022, 14(10), 6165; https://doi.org/10.3390/su14106165 - 19 May 2022
Cited by 1 | Viewed by 1894
Abstract
This study explores how changes in hours spent at home during the COVID-19 pandemic (February 2020–February 2022) affected the volume of municipal waste generated by households. Applying autoregressive distributed lag (ARDL) to a time series model created to measure the volume of combustible [...] Read more.
This study explores how changes in hours spent at home during the COVID-19 pandemic (February 2020–February 2022) affected the volume of municipal waste generated by households. Applying autoregressive distributed lag (ARDL) to a time series model created to measure the volume of combustible waste, recyclable plastic, plastic bottles, glasses and cans, and used paper, this study finds that an increase in the number of hours spent at home elevated the amount of combustible waste, recyclable plastic bottles, and glass bottles and cans generated. The increase in the volume of waste during the pandemic tended to be related to increased demand for delivery and take-out containers, and the increase in combustible waste was likely caused by a surge in the use of unrecyclable plastic containers. Thus, the results of the study suggest the importance of enhancing the use of recyclable containers and the need for support to develop ways to spread the use of such containers. Full article
(This article belongs to the Special Issue Effects of the COVID-19 Pandemic on Natural Resource Markets)
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