Agricultural Economics, 2023 (vol. 69), issue 5

What factors contribute to the volatility of food prices? New global evidenceOriginal Paper

Mourad Zmami, Ousama Ben-Salha

Agric. Econ. - Czech, 2023, 69(5):171-184 | DOI: 10.17221/99/2023-AGRICECON  

The adverse economic and social effects of the recent increases in food prices have prompted policymakers and academics to reconsider the potential causes of such increases. This paper contributes to the existing literature by investigating the causal effects of oil prices, fertiliser prices, global economic activity, and geopolitical risk on international food price volatility between January 1993 and December 2021. The research considers the aggregate food price index and the prices of various specific foods, including cereal, vegetable oils, dairy, meat, and sugar. The Glosten, Jagannathan, and Runkle-generalised autoregressive conditional...


Comparative study on the geographical indication protection between China and the European Union – From the perspective of the China-EU Geographical Indications AgreementOriginal Paper

Weiwen Qian, Yinguo Dong

Agric. Econ. - Czech, 2023, 69(5):185-201 | DOI: 10.17221/98/2023-AGRICECON  

Geographical indication (GI) represents the specific good quality and reputation of the regional characteristics of agricultural products, which is a positive approach for stabilising the export of agricultural products, realising high quality and high prices for agricultural products and rural revitalisation. Based on the China-EU Geographical Indications Agreement, this paper discusses the differences between China and the European Union (EU) in terms of GI protection from three aspects: the institutional framework, the operational system, and the operational status of GIs. The purpose of the study is to identify the differences between China and...


How does price insurance alleviate the fluctuation of agricultural product market? A dynamic analysis based on cobweb modelOriginal Paper

Jianru Fu, Ruiyuan Shen, Chao Huang

Agric. Econ. - Czech, 2023, 69(5):202-211 | DOI: 10.17221/107/2023-AGRICECON  

Food security is of great importance to all countries. Correspondingly, agricultural price insurance is an important tool to maintain food security. This study adopts the traditional spider web model to establish a mathematical framework for exploring the internal mechanism of agricultural price insurance, which can ease the volatility of the agricultural market. Then, the influence of agricultural price insurance on the supply of agricultural products is examined. The findings show that the supply elasticity of most agricultural products is greater than the demand elasticity, with agricultural product markets presenting a natural divergence. Agricultural...

Socioeconomic and technical factors determining the adoption of hedgerows around greenhouses in southeast SpainCase Study

Belén López-Felices, Juan Francisco Velasco-Muñoz, Isabel María Román-Sánchez, José Ángel Aznar-Sánchez

Agric. Econ. - Czech, 2023, 69(5):212-222 | DOI: 10.17221/49/2023-AGRICECON  

Pest control is one of the ecosystem services most affected by the intensification of agriculture. Pests can lead to significant losses in crop yields and jeopardise food security. In this context, installing hedgerows around greenhouses is presented as an opportunity to improve the presence of natural enemies and favour the control of pests. However, the adoption of this practice has not spread among farmers. The objective of this article is to determine the factors that affect the decision to adopt hedgerows around greenhouses by studying the case of southeast Spain. A binary logistic regression model is developed from a farmer survey of 189 farmers...