Are Food Markets in Central America Integrated with International Markets? An Analysis of Food Price Transmission in Honduras and Nicaragua

2011 ◽  
pp. 245-273
Author(s):  
Mario A. De Franco ◽  
Diego Arias
Keyword(s):  
Central America ◽  
International Markets ◽  
Food Price ◽  
Price Transmission ◽  
Food Markets

scholarly journals HOW DO GOVERNMENTS RESPOND TO FOOD PRICE SPIKES? LESSONS FROM THE PAST

2010 ◽  
Vol 01 (02) ◽  
pp. 265-285 ◽  
Author(s):  
KYM ANDERSON ◽  
SIGNE NELGEN
Keyword(s):  
Time Series ◽  
Government Intervention ◽  
International Markets ◽  
Food Prices ◽  
Food Price ◽  
Food Markets ◽  
Price Fluctuations ◽  
Policy Responses ◽  
The Past ◽  
Domestic Prices

Food prices in international markets spiked upward in 2008, doubling or more in a matter of months. Evidence is still being compiled on policy responses over the following two years, but new time series estimates of government intervention for the previous five decades allow insights into past policy responses to price fluctuations and spikes. This paper reviews the distortionary impacts of policies used by governments attempting to stabilize their domestic food markets. It then focuses on policy responses in the mid-1970s, as reflected in domestic prices and various annual indicators of distortions to producer and consumer incentives, before drawing out some policy lessons.

The diplomacy of world food: goals, capabilities, issues and arenas

1978 ◽  
Vol 32 (3) ◽  
pp. 775-809 ◽  
Author(s):  
Henry R. Nau
Keyword(s):  
Foreign Policy ◽  
Agricultural Policy ◽  
International Markets ◽  
World Food ◽  
Food Markets ◽  
Grain Trade ◽  
Domestic Prices ◽  
Food Shortages ◽  
International Diplomacy ◽  
Foreign Agricultural

Food is a factor in international diplomacy as a direct instrument of policy and as a condition underlying policy. Grain trade is particularly important. For most of the postwar period, principal grain exporting countries pursued policies designed to support domestic prices, using foreign agricultural policy to dispose of accumulated surpluses and to pursue broader non-food (political and economic) objectives. Grain importing countries came to rely on cheap food supplies in international markets, neglecting incentives to stimulate domestic production. Worldwide food shortages in 1973–74 made clear the need to consider international as well as domestic food requirements. Food considerations acquired a foreign policy dimension, while foreign policy considerations sparked a debate about the use of food for power. A return to surplus conditions in world food markets reduces the opportunities for the exercise of food power, while creating the conditions to meet historically unattainable food goals. To accomplish this, a system of international coordination and review of separate national food policies may be needed. Such a system would ensure greater accountability of private groups to governments and governments to one another without relying excessively on either automatic market forces or a centralized world food authority.

Tools for Protecting Agri-Food Markets in Trade Unions

2020 ◽  
pp. 29-34
Author(s):  
E.Yu. Frolova ◽  
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Russian Federation ◽  
Trade Unions ◽  
International Markets ◽  
Food Markets ◽  
International Policy ◽  
Trade Relations ◽  
Regulatory Measures ◽  
The Russian Federation

Regulation of international trade relations is an essential part of international policy. The article provides a classification and describes the features of the main trade and economic unions of countries, analyzes measures and tools for organizing international trade and protecting domestic agri-food markets of countries that are members of these unions, and also reveals the principles on which their work is based. We consider the effect of certain regulatory measures for countries where food exports or imports play a significant role in their economy. Examples are given of situations in which countries or unions decide to use certain tools. The example of the Russian Federation shows how the use of tools for regulating foreign trade operations affects the domestic market and describes the obstacles that Russian food exporters may face when entering international markets.

Structure and Food Price Inflation

2017 ◽  
Vol 16 (1) ◽  
Author(s):  
Ilya Rahkovsky ◽  
Richard Volpe
Keyword(s):  
Market Structure ◽  
Price Index ◽  
Consumer Price Index ◽  
Market Concentration ◽  
Food Prices ◽  
Food Price ◽  
Retail Market ◽  
Food Markets ◽  
Price Inflation ◽  
Market Shares

AbstractWe pair Nielsen TDLinx data, 2004–2014, with Consumer Price Index data to investigate how changes in food retail market structure drive food price inflation. We find, in corroboration with much of the evidence to date, that market concentration is positively and significantly associated with higher food prices. We find the same to be true for store format concentration, or the homogeneity of food markets. As the market shares, or penetration, of supercenters, warehouse stores, limited assortment stores, and superettes increase at expense of traditional supermarkets, food price inflation decreases.

Food markets and their regulation

1978 ◽  
Vol 32 (3) ◽  
pp. 721-743 ◽  
Author(s):  
Gary L. Seevers
Keyword(s):  
United States ◽  
Current System ◽  
The United States ◽  
International Markets ◽  
Free Access ◽  
Futures Trading ◽  
Food Markets ◽  
Food Market ◽  
Grain Market ◽  
Global Food

A food regime not dominated by one or a few entities, without governmental policies separating national markets, and with free access to information would result in a single,integrated global food market. Such a hypothetical market would contribute more than the current system to efficiency and stability, although it would not necessarily be superior from an equity standpoint. Such a global food market does not exist. This is primarily because government regulation separates individual national markets. Residual international markets, shaped by the domestic and trade policies of major buyers and sellers, exist for major commodities. In the international grain market the United States is preponderant, but American policies in recent years have prevented the US from playing a dominating role. Furthermore, futures trading provides an open reference price. Consequently, the international grain market more nearly approximates “ideal” market features than many other international markets. An expansion of public markets and futures trading, by the United States and other countries, could enhance the effectiveness of international food markets in serving goals of efficiency, stability and security of access.

scholarly journals Grain Price Transmission from International Markets to Chinese Domestic Markets

10.5109/27384 ◽  
2013 ◽  
Vol 58 (2) ◽  
pp. 499-507
Author(s):  
Zhengwei Cao ◽  
Shoichi Ito ◽  
Hiroshi Isoda ◽  
Hisamitsu Saito
Keyword(s):  
International Markets ◽  
Price Transmission ◽  
Domestic Markets
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