Role of international price and domestic inflation in triggering export restrictions on food commodities

This paper investigates the drivers of export restrictions on agricultural products based on an original dataset developed at IFPRI. We focus on four food price crises when export restrictions (e.g., ban, tax, licensing etc.) were applied: the 2008 and 2010 food price crises, the COVID-19 pandemic,...

Descripción completa

Detalles Bibliográficos
Autores principales: Mamun, Abdullah, Laborde Debucquet, David
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2024
Materias:
Acceso en línea:https://hdl.handle.net/10568/140687
_version_ 1855527514658570240
author Mamun, Abdullah
Laborde Debucquet, David
author_browse Laborde Debucquet, David
Mamun, Abdullah
author_facet Mamun, Abdullah
Laborde Debucquet, David
author_sort Mamun, Abdullah
collection Repository of Agricultural Research Outputs (CGSpace)
description This paper investigates the drivers of export restrictions on agricultural products based on an original dataset developed at IFPRI. We focus on four food price crises when export restrictions (e.g., ban, tax, licensing etc.) were applied: the 2008 and 2010 food price crises, the COVID-19 pandemic, and the 2022 crisis associated with the Russia-Ukraine war. Although the justifications for such trade policies have been discussed in the literature, the ability to forecast their implementation remains understudied. The probit model used in this study suggests that the inflation rate has a higher power to predict export restrictions than do international commodity prices. The probability of export restrictions increases more when price change is measured from a reference level in the long interval than the short interval. Among the covariates, agricultural land per capita, commodity share in production and export, weather condition increases the chances of imposing export restrictions. Per capita income, population density, share of agriculture in GDP, urbanization rate, political economy indicators - all have a negative influence on this likelihood.
format Artículo preliminar
id CGSpace140687
institution CGIAR Consortium
language Inglés
publishDate 2024
publishDateRange 2024
publishDateSort 2024
publisher International Food Policy Research Institute
publisherStr International Food Policy Research Institute
record_format dspace
spelling CGSpace1406872025-11-06T06:27:12Z Role of international price and domestic inflation in triggering export restrictions on food commodities Mamun, Abdullah Laborde Debucquet, David agricultural products commodities COVID-19 export controls international trade war trade liberalization exports This paper investigates the drivers of export restrictions on agricultural products based on an original dataset developed at IFPRI. We focus on four food price crises when export restrictions (e.g., ban, tax, licensing etc.) were applied: the 2008 and 2010 food price crises, the COVID-19 pandemic, and the 2022 crisis associated with the Russia-Ukraine war. Although the justifications for such trade policies have been discussed in the literature, the ability to forecast their implementation remains understudied. The probit model used in this study suggests that the inflation rate has a higher power to predict export restrictions than do international commodity prices. The probability of export restrictions increases more when price change is measured from a reference level in the long interval than the short interval. Among the covariates, agricultural land per capita, commodity share in production and export, weather condition increases the chances of imposing export restrictions. Per capita income, population density, share of agriculture in GDP, urbanization rate, political economy indicators - all have a negative influence on this likelihood. 2024-03-29 2024-04-01T15:13:49Z 2024-04-01T15:13:49Z Working Paper https://hdl.handle.net/10568/140687 en Open Access application/pdf International Food Policy Research Institute Mamun, Abdullah; and Laborde Debucquet, David. 2024. Role of international price and domestic inflation in triggering export restrictions on food commodities. IFPRI Discussion Paper 2246. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/140687
spellingShingle agricultural products
commodities
COVID-19
export controls
international trade
war
trade liberalization
exports
Mamun, Abdullah
Laborde Debucquet, David
Role of international price and domestic inflation in triggering export restrictions on food commodities
title Role of international price and domestic inflation in triggering export restrictions on food commodities
title_full Role of international price and domestic inflation in triggering export restrictions on food commodities
title_fullStr Role of international price and domestic inflation in triggering export restrictions on food commodities
title_full_unstemmed Role of international price and domestic inflation in triggering export restrictions on food commodities
title_short Role of international price and domestic inflation in triggering export restrictions on food commodities
title_sort role of international price and domestic inflation in triggering export restrictions on food commodities
topic agricultural products
commodities
COVID-19
export controls
international trade
war
trade liberalization
exports
url https://hdl.handle.net/10568/140687
work_keys_str_mv AT mamunabdullah roleofinternationalpriceanddomesticinflationintriggeringexportrestrictionsonfoodcommodities
AT labordedebucquetdavid roleofinternationalpriceanddomesticinflationintriggeringexportrestrictionsonfoodcommodities