Risk in agriculture: An overview of the theoretical insights and recent development trends during last decade - A review

Novickytė, Lina

doi:10.17221/11/2019-agricecon

Cited by 11 publications

(9 citation statements)

References 42 publications

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“…It has been used to highlight the danger that agriculture is facing. It identifies new directions to investigate future scientific works [26]. Additionally, it was a helpful tool to design a comprehensive image of publications in food policy, describing sources and authors' collaboration [27].…”

Section: Introductionmentioning

confidence: 99%

Exploring the Link between Food Security and Food Price Dynamics: A Bibliometric Analysis

2021

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An evaluation of research studies is considered an important task to make future adjustments for securing and adjusting policies. This article presents the results of a study that explored the research that has been published with food security, price volatility, and price transmission as keywords. The study involved a bibliometric evaluation of statistical outcomes from 899 scientific publications from 1979 to June 2020 related to the subject, registered in the Web of Science database. The collected articles were used to measure bibliometric indicators and evaluate the research work on food security and agricultural products' price movement. An analysis of the development and the identification of the related topics of greatest interest on this subject was also carried out. The analysis results found that a rising number of studies have been registered over the years, emphasizing the following keywords: food security, climate change, agriculture, health, nutrition, consumption, and income. The analysis proves that the shift in scientific research trends associated with food security analysis is linked with health and food nutrition status. Furthermore, the word "impact" was significantly present in the analyzed papers, which reveals that econometric analysis should address the relationship between price movement and nutrient intake to achieve nutritional security.

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Section: Introductionmentioning

confidence: 99%

Exploring the Link between Food Security and Food Price Dynamics: A Bibliometric Analysis

2021

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“…The system of efficient risk mitigation strategies can create significant value and increase competitiveness for agribusinesses. The agricultural sector can improve efficiency, accelerate productivity, and increase profitability by managing the risk faced and selecting suitable risk management tools [11].…”

Section: Resultsmentioning

confidence: 99%

Investment risk management for vanilla agribusiness development in Indonesia

Wulandari

2021

E3S Web Conf.

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Indonesia's position as the world's largest vanilla producer has been replaced by Madagascar. This condition is caused by the declining quality of Indonesian vanilla. Competitiveness is related to the degree of transformation determined by investment capital, technology availability, and managerial ability. Limited investment is one of the characteristics of vanilla development in addition to high business risk and low technology adoption. It is affected by risk perceptions in production and investment behaviour of farmers. This study aims to analyse investment risks in the development of vanilla agribusiness and formulate investment risk mitigation strategies. The analysis uses Risk Matrix Analysis by measuring the degree of severity and probability, and the Analytical Hierarchy Process to assess the strategy. Agribusiness investment is an important element and catalyst to agricultural development. The risks of vanilla agribusiness investment are not only determined by risks arising from the financial aspect but also influenced by technical aspects. They are divided into production risk, price or market risk, financial risk, institutional risk, and human or personal risk. Risk mitigation strategies can be divided into on-farm strategies and share risk strategies. Stem Rot disease, vanilla theft, and price fluctuation are the most important risk in vanilla agribusiness investment.

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“…Since the agricultural sector provides everyday products that affect the quality of life, it is the cornerstone of each country. Despite this, the farm sector is analysed as a risky and sensitive sector (Novickytė 2019). The risk of production is identified as one of the highest (Hardaker et al 2015).…”

Section: Literature Analysismentioning

confidence: 99%

Import Risks of Agricultural Products in Foreign Trade

Baranauskaitė

Jurevičienė

2021

Economies

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This paper aims to identify the main risk groups according to their significance on imports of agricultural products. After analysis of the scientific literature, eight groups of risks associated with agricultural products import were determined: supply risks, demand risks, production risks, management plus operational risks, logistical plus infrastructural risks, political risks, policy plus regulatory risks and financial risks. In order to assess the importance of all import risk groups, three Multicriteria decision support methods (MCDM)—SAW, TOPSIS and Geometric means—for expert evaluation are used. The article introduces a new import risks assessment framework CIRA (Country’s Imports Risk Assessment) contributing to the systematic approach of a country’s international trade risks management. The results order risk groups according to their importance in the following order: production (the most crucial risk group), logistical plus infrastructural, financial, management plus operational, political, supply, policy plus regulatory and demand risks.

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Risk in agriculture: An overview of the theoretical insights and recent development trends during last decade - A review

Cited by 11 publications

References 42 publications

Exploring the Link between Food Security and Food Price Dynamics: A Bibliometric Analysis

Exploring the Link between Food Security and Food Price Dynamics: A Bibliometric Analysis

Investment risk management for vanilla agribusiness development in Indonesia

Import Risks of Agricultural Products in Foreign Trade

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