The impacts of COVID-19 on GDP, food prices, and food security

Beckman, Jayson; Baquedano, Felix G.; Countryman, Amanda M.

doi:10.1093/qopen/qoab005

Cited by 37 publications

(30 citation statements)

References 9 publications

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“…Surprisingly, food prices in India increased at a higher rate than what was observed in the world. A recent global study noted that COVID-19-induced changes in income and food prices could alter global food security [ 29 ]. The authors estimated that approximately between 136 and 271 million people in 72 low and middle-income countries could be food insecure due to the income effects of the outbreak.…”

Section: Conclusion and Policy Implicationsmentioning

confidence: 99%

“…As a result, around 88–115 million additional people were pushed into extreme poverty [ 28 ]. The number of food-insecure people increased as high as 211 million (a 27.8% increase) due to the pandemic-induced food price hikes (9% increase in grain prices) [ 29 ]. Furthermore, the global maritime trade reduced approximately 7–10% during the first eight months of 2020, equivalent to US$ 225–412 billion in trade value losses [ 30 ].…”

Section: Introductionmentioning

confidence: 99%

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Impacts of the COVID-19 pandemic on food prices: Evidence from storable and perishable commodities in India

2022

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The supply chain disruptions caused by the COVID-19 outbreak have led to changes in food prices globally. The impact of COVID-19 on the price of essential and perishable food items in developing and emerging economies has been lacking. Using a recent phone survey by the World Bank, this study examines the impact of the COVID-19 pandemic on the prices of the three essential food items in India. The results indicate that price of basic food items such as atta (wheat flour) and rice increased significantly during the pandemic compared to the pre-pandemic period. In contrast, during the same period, the price of onions declined significantly. The findings may suggest panic-buying, hoarding, and storability of food items. The results further reveal that remittance income and cash transfers from the government negatively affected commodity prices. Thus, this study’s findings suggest that families may have shifted the demand away from essential foods during the pandemic.

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Section: Conclusion and Policy Implicationsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Impacts of the COVID-19 pandemic on food prices: Evidence from storable and perishable commodities in India

2022

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“…This tool is widely used to understand the welfare effects of economic policy, since by describing the behavior of producers and consumers and the links between them, it allows determining the distributional effects of an external shock. Recently, it has become an important instrument for different research on Covid-19, the agricultural sector, and food security Laborde, Martin and Vos 2021;Beckman, Baquedano, and Countryman 2021;Swinnen, and Vos, 2021;Zidouemba, Kinda and Ouedraogo, 2020).…”

Section: Methodsmentioning

confidence: 99%

Economic impacts of agricultural policy responses to the outbreak of COVID-19

Jiménez

Isaza

2022

estud.gerenc.

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The aim of this article is to evaluate the general economic impact of the policies focused on the agricultural sector decreed by the Colombian government within the State of Economic, Social, and Ecological Emergency to mitigate the negative effects of the COVID-19 pandemic on this sector. We use a computable general equilibrium model, calibrated with a social accounting matrix that was expanded to focus on specific crops and considered different sizes of agricultural production units. We find that, in general, this set of policies does not have adverse effects but increases the agricultural production of the units receiving the incentives, especially of small and medium-sized farms. In turn, they also increase the demand for unskilled labor, rural households’ disposable income, and consumption compared with pre-covid levels. The results are conditional on the options to finance this set of policies. Also, depending on the financing option, the income gap between rural and urban areas could either narrow or widen.

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“…Se evidencia un desbalance entre la oferta y la demanda en la agricultura, debido a que en los primeros meses de pandemia gobernó la incertidumbre que ha provocado la interrupción de la cadena de (19,20). Figura 3.…”

Section: Inseguridad Alimentaria Durante El Confinamiento Por Covid-19unclassified

COVID-19 en Ecuador: potenciales impactos en la seguridad alimentaria y la nutrición

Llango¹

2022

INSPILIP

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Introduction: COVID-19 is a disease caused by the SARS-CoV-2 virus, which has affected countries and continents, causing an exceptional level of anguish, social unrest and economic damage. The primary objective of this review is to identify potential impacts of the COVID-19 pandemic on food security and nutrition in the Ecuadorian population. Methodology: a descriptive and retrospective systematic review was carried out that circumscribes original works and scientific articles referring to the topic of potential impacts on food security and nutrition. Documents and articles included in databases (Scopus, Pubmed, Redalyc, SciELO) from the years 2018 to 2021 are referred to. Results: the main indicators of social impacts were found in Ecuador, the increase in poverty rates, the persistence of the inequalities and actions of the central government in the face of COVID-19. The food insecurity that occurs in the context of the COVID-19 pandemic has a direct impact on an increase in hunger and poverty in Ecuador. In particular, there is evidence of a vicious circle between the pandemic and malnutrition in Ecuador. Indeed, the confinement scenario, in addition to predisposing the population to malnutrition, overweight and obesity, increases the risk of contracting infections, particularly respiratory infections.Conclusion: the measures adopted in the scenario of the COVID-19 pandemic reveal the increase in poverty and the impact on food security as one of the essential challenges to safeguard the health of the population. In addition, it reflects an important alert for the health system, as well as the need to implement public health policies to combat the effects of the double nutritional burden.

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The impacts of COVID-19 on GDP, food prices, and food security

Cited by 37 publications

References 9 publications

Impacts of the COVID-19 pandemic on food prices: Evidence from storable and perishable commodities in India

Impacts of the COVID-19 pandemic on food prices: Evidence from storable and perishable commodities in India

Economic impacts of agricultural policy responses to the outbreak of COVID-19

COVID-19 en Ecuador: potenciales impactos en la seguridad alimentaria y la nutrición

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