The economic impact of the COVID‐19 pandemic on the Taiwanese food industry: Empirical evidence using business transaction data

A globalized food trade, extensive production and complex supply chains are contributing toward an increased number of non-Halal substance in food cases. Halal laboratory testing or Halal testing is an approach to identify contaminants and ensure the integrity of raw materials and food products. The adoption of an integrative approach of Halal management system and Halal testing was investigated to identify and discuss several related economic issues in this field. From an extensive analysis of academic literatures using ‘Halal Food Fraud’, ‘Halal Food Testing’ and ‘Halal Food’ specifically at food manufacturer, the issues involving economic impact of Halal testing was highlighted. Several Halal Testing Points were proposed for the evaluation of Halal ingredients and products, followed by a conceptual framework on the potential economic impact of Halal food testing. The high demand for transparency in the food industry among consumers has therefore may need food manufacturers to consider Halal food testing as part of their production process.

Download Full-text

The economic impact of a rise in US trade protectionism on East Asia

Journal of Korea Trade ◽

10.1108/jkt-03-2018-0025 ◽

2018 ◽

Vol 22 (3) ◽

pp. 265-279 ◽

Cited By ~ 5

Author(s):

Inkyo Cheong ◽

Jose Tongzon

Keyword(s):

East Asia ◽

Economic Impact ◽

Empirical Evidence ◽

East Asian ◽

Economic Loss ◽

East Asian Country ◽

Asian Countries ◽

Content Type ◽

The Usa ◽

Asean Countries

Purpose The purpose of this paper is to evaluate the economic impact of a rising US trade protectionism on the economies of China, Japan, South Korea and the ASEAN countries and draw out some policy and strategic implications for the USA and East Asia. Design/methodology/approach The authors employ a computable general equilibrium approach supplemented with qualitative analyses based on empirical evidence. Findings An increase in US import tariffs would result in economic losses for the USA and the corresponding country or region to which the import tariff increase is applied. An increase in US import tariffs for Chinese goods alone would not have any spillover effects on other East Asian countries. But, an imposition of a border adjustment tax (BAT) for all countries and for all products would actually boost US economic growth. Advanced economies would enjoy GDP increases, but China, Korea and the ASEAN countries would face an economic loss in a longer term period, although they would enjoy some growth in the short term. However, when the BAT only applies to a specific East Asian country, USA would suffer an economic loss, with the exception of a BAT specifically targeted at the ASEAN countries. ASEAN countries would not experience any economic loss under all scenarios except in the case of import tariffs specifically targeted at ASEAN. Research limitations/implications From the US perspective, it is beneficial to adopt a BAT for all countries and across the board. Under this arrangement, there would be an economic loss for China, Korea and the ASEAN countries in the longer term. An increase in US trade protectionism would only push the East Asian countries towards deeper economic integration, with serious implications for global pattern of trade and investment. Originality/value The existing literature on the likely economic impact of US trade protectionism on East Asia is very scarce and based on surveys and subjective speculations. This study uses a quantitative method based on empirical evidence.

Download Full-text

Economic Impact of the Oil Embargo on the Food Industry. A Draft Report.

10.2172/12235056 ◽

1974 ◽

Author(s):

Not Given Author

Keyword(s):

Economic Impact ◽

Food Industry ◽

Draft Report ◽

Oil Embargo

Download Full-text

China’s Halal Food Industry: The Link Between Knowledge Management Capacity, Supply Chain Practices, and Company Performance

Interdisciplinary Journal of Information Knowledge and Management ◽

10.28945/4821 ◽

2021 ◽

Vol 16 ◽

pp. 285-306

Author(s):

Kamila Usmanova ◽

Daoping Wang ◽

Eli Sumarliah ◽

Kawthar Mousa ◽

Safiatou S Maiga

Keyword(s):

Knowledge Management ◽

Supply Chain ◽

Empirical Evidence ◽

Structural Equation ◽

Food Industry ◽

Future Research ◽

Company Performance ◽

Management Capacity ◽

Halal Food ◽

The Impact

Aim/Purpose: The study attempts to analyse the influences of knowledge management capacity on company performance and supply chain practices. It also examines whether supply chain practices significantly and positively impact company performance. Background: Knowledge management capacity is an essential tactical resource that enables the integration and coordination among supply chain stakeholders, but research examining the link between knowledge management capacity and supply chain practices and their impacts on company performance remains scarce. Methodology: The study uses correlation analysis and factor analysis to confirm the theoretical framework’s validity and structural equation modelling to test hypotheses. The data are obtained from 115 halal food firms in China (with a response rate of 82.7%). Contribution: This study’s findings contribute to the Social Capital Theory by presenting the impacts of different supply chain practices on company performance. The findings also suggest the impact of intangible resources on enhancing company performance, contributing to the Resource-based View Theory. These results are a crucial contribution to both academicians and corporate managers working in the Halal food industry. Managers can apply these findings to discover and adopt knowledge management capacity with practical anticipation that these concepts will align with their company strategies. Also, the research motivates managers to concentrate their knowledge management on enhancing companies’ supply chain practices to achieve improved company performance. Findings: This study is an initial effort that provides empirical evidence regarding the relationships among supply chain, knowledge management, and company performance from the perspective of China’s halal food industry. The results prove that knowledge management capacity is the supply chains’ primary success determinant and influencer. Besides, knowledge management capacity positively influences company performance, and supply chain practices directly influence company performance. Recommendations for Practitioners: Managers can apply these study findings to determine and increase knowledge management capacity with practical anticipation that these concepts will align with their company strategies. Also, the research motivates managers to concentrate their knowledge management on enhancing companies’ supply chain practices to achieve improved company performance. Recommendation for Researchers: The study presents a new theoretical framework and empirical evidence for surveying halal food businesses in China. Impact on Society: These results are a significant contribution to the research field and industry focusing on halal foods. Future Research: First, this research focuses only on halal food businesses in China; thus, it is essential to re-examine the hypothesized relations between the constructs in other Chinese business segments and regions. Next, the effect of variables and practices on the theorized framework should be taken into account and examined in other industries and nations.

Download Full-text

Trends in product recalls within the agri-food industry: Empirical evidence from the USA, UK and the Republic of Ireland

Trends in Food Science & Technology ◽

10.1016/j.tifs.2012.06.017 ◽

2012 ◽

Vol 28 (2) ◽

pp. 77-86 ◽

Cited By ~ 17

Author(s):

Antony Potter ◽

Jason Murray ◽

Benn Lawson ◽

Stephanie Graham

Keyword(s):

Empirical Evidence ◽

Food Industry ◽

Product Recalls ◽

Republic Of Ireland ◽

The Usa ◽

The Republic

Download Full-text

Framework for economic impact assessment of production standards and empirical evidence.

Vegetable production and marketing in Africa: socio-economic research ◽

10.1079/9781845936495.0025 ◽

2011 ◽

pp. 25-43 ◽

Cited By ~ 1

Author(s):

D. Mithöfer

Keyword(s):

Impact Assessment ◽

Economic Impact ◽

Empirical Evidence ◽

Economic Impact Assessment

Download Full-text

Economic impact of the coronavirus pandemic on air traffic

Ekonomika ◽

10.5937/ekonomika2102059r ◽

2021 ◽

Vol 67 (2) ◽

pp. 59-68

Author(s):

Nikola Radić ◽

Vlado Radić ◽

Biljana Grujić

Keyword(s):

Health Care ◽

Economic Impact ◽

Food Industry ◽

Cost Effective ◽

Maximum Efficiency ◽

Aviation Industry ◽

Negative Consequences ◽

Aircraft Systems ◽

Business Results ◽

The Impact

The coronavirus pandemic is an unprecedented event in modern history, not only of aviation, but also of humanity. The negative consequences of the pandemic are not only related to the suspension of flights and the inability to transport passengers, but also have a great impact on other industries, such as the production of aircraft, systems and engines, tourism, the food industry, etc. The suspension of flights has led to many times lower revenues than planned, the dismissal of a large number of employees in this industry, as well as the cancellation of new airplanes ordered. Also, the prescribed health care measures that airlines must apply will affect a smaller number of passengers on planes, which means that each flight will be less cost-effective. Faced with large losses, airlines must organize in order to achieve maximum efficiency and a partial return to the levels of flying and transportation of people and goods that were achieved during 2019. The paper analyses the state and importance of the global aviation industry, the impact of the pandemic on business results and solving the problems of airlines.

Download Full-text