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Food Self-sufficiency and Market Stability: A Cost-benefit Analysis

Research Project

Project/Area Number 18K14533
Research Category

Grant-in-Aid for Early-Career Scientists

Allocation TypeMulti-year Fund
Review Section Basic Section 41010:Agricultural and food economics-related
Research InstitutionSetsunan University

Principal Investigator

Tanaka Tetsuji  摂南大学, 経済学部, 講師 (40803482)

Project Period (FY) 2018-04-01 – 2020-03-31
Project Status Completed (Fiscal Year 2019)
Budget Amount *help
¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2019: ¥260,000 (Direct Cost: ¥200,000、Indirect Cost: ¥60,000)
Fiscal Year 2018: ¥260,000 (Direct Cost: ¥200,000、Indirect Cost: ¥60,000)
Keywords食料自給率 / 価格伝達 / 穀物 / 応用一般均衡モデル / 時系列モデル / パネルデータ分析 / 自給率 / 食料価格 / GARCH / DCC / 食料安全保障 / 一般均衡モデル
Outline of Final Research Achievements

A number of countries, particularly net food importers, expressed interests in food self-sufficiency policy. Although self-sufficiency has been discussed for a long period of time, few studies analysed the effectiveness of the measure using quantitative models. We examined how self-sufficiency in cereals could contribute to the stabilisation of local markets with computable general equilibrium and econometric (time-series and panel) models.
The research found that high self-sufficiency in grain could mitigate the volatility transmissions of grain prices between international and regional markets. In addition, we uncovered that substitutive consumptions of local people between grain goods are likely to alleviate effects from foreign markets. In addition, it is found that domestic markets of agricultural products could be more volatile with autarky measure if yield volatility in the region is greater than those in exporting countries.

Academic Significance and Societal Importance of the Research Achievements

本研究の結果により、食料自給率の向上は国際市場からの影響を弱めることが明らかになり、食料輸入国の政策として安定を求める場合に自給率向上政策が役立つ可能性を示した。このような自給率の効果を検証する数量的研究は非常に稀であり、学術的にも貢献した。

Report

(3 results)
  • 2019 Annual Research Report   Final Research Report ( PDF )
  • 2018 Research-status Report
  • Research Products

    (7 results)

All 2020 2019

All Journal Article (4 results) (of which Peer Reviewed: 4 results,  Open Access: 4 results) Presentation (3 results) (of which Int'l Joint Research: 3 results)

  • [Journal Article] Dynamic Transmissions and Volatility Spillovers between Global Price and U.S. Producer Price in Agricultural Markets2020

    • Author(s)
      Jin Guo and Tetsuji Tanaka
    • Journal Title

      Journal of Risk and Financial Management

      Volume: 13 Issue: 4 Pages: 1-20

    • DOI

      10.3390/jrfm13040083

    • Related Report
      2019 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] How does the self-sufficiency rate affect international price volatility transmissions in the wheat sector? Evidence from wheat-exporting countries2020

    • Author(s)
      Tetsuji Tanaka and Jin Guo
    • Journal Title

      Humanities and Social Sciences Communications

      Volume: N/A

    • Related Report
      2019 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] Determinants of international price volatility transmissions: the role of self-sufficiency rates in wheat-importing countries2019

    • Author(s)
      Jin Guo and Tetsuji Tanaka
    • Journal Title

      Palgrave Communications

      Volume: 5:124 Issue: 1 Pages: 1-13

    • DOI

      10.1057/s41599-019-0338-2

    • Related Report
      2019 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] Quantifying the Effects of Agricultural Autarky Policy: Resilience to Yield Volatility and Export Restrictions2019

    • Author(s)
      Tetsuji Tanaka and Jin Guo
    • Journal Title

      Journal of Food Security

      Volume: 7 Issue: 2 Pages: 47-57

    • DOI

      10.12691/jfs-7-2-4

    • Related Report
      2019 Annual Research Report
    • Peer Reviewed / Open Access
  • [Presentation] Determinants of international volatility passthroughs of agricultural commodities: A panel analysis of developing countries2019

    • Author(s)
      Tetsuji Tanaka and Jin Guo
    • Organizer
      IRC 2019: International Conference on Agricultural Economics
    • Related Report
      2019 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Common factors in international price volatility transmissions of agricultural commodities: Evidence from developed economies2019

    • Author(s)
      Tetsuji Tanaka and Jin Guo
    • Organizer
      The 3rd International Agricultural Economics Conference (AEC 2019)
    • Related Report
      2019 Annual Research Report
    • Int'l Joint Research
  • [Presentation] What Determines the Passthrough Effects from International to Local Markets of Agricultural Commodities? A Panel Analysis of Developing Countries2019

    • Author(s)
      Tetsuji Tanaka and Jin Guo
    • Organizer
      International Conference on Agricultural Economics
    • Related Report
      2018 Research-status Report
    • Int'l Joint Research

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Published: 2018-04-23   Modified: 2021-02-19  

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