The Evolution and Changing Geographical Structure of World Agri-food Trade, 1951-2000

Authors

  • Raul Serrano Universidad de Zaragoza
  • Vicente Pinilla Universidad de Zaragoza

DOI:

https://doi.org/10.1344/rhi.v20i46.20804

Keywords:

Agri-food Trade, Globalization, World trade

Abstract

his paper examines the performance, evolution and changing geographical structure of agrifood trade in the second half of the twentieth century. We have constructed a set of both aggregate trade series and breakdowns by region. Furthermore, we perform econometric analyses of these new series to throw light on their behaviour and allow a clearer explanation of the evolution of world agricultural trade and the participation of different geographical regions. Finally, we compar the evolution of agri-food trade with total trade, and we propose a demand-side model to highlight the key role of the different income elasticities of both to explain their unequal evolution.

Published

2017-12-21

Issue

Section

Articles