RT Journal Article
SR Electronic
A1 Zhai, Liangliang
A1 Yuan, Shilin
A1 Feng, Yujing
T1 The economic effects of export restrictions imposed by major grain producers
JF Agricultural Economics
YR 2022
VO 68
IS 1
SP 11
OP 19
DO 10.17221/329/2021-AGRICECON
UL https://agricecon.agriculturejournals.cz/artkey/age-202201-0002.php
AB This paper uses the global trade analysis project (GTAP) to evaluate the impact of grain export restrictions on world food security during the COVID-19 epidemic. The study found that export restrictions distort world market prices, which in turn distort consumption and production, harm the interests of consumers and farmers in some countries, and threaten food security. In this regard, maintaining the convenience of the food trade is the wise choice of all countries. It is necessary to tighten the World Trade Organization (WTO) disciplines related to export restrictions, strengthen global food security governance and jointly build a community with a shared future for mankind.