2019 Fiscal Year Final Research Report
Food Self-sufficiency and Market Stability: A Cost-benefit Analysis
Project/Area Number |
18K14533
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Research Category |
Grant-in-Aid for Early-Career Scientists
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Allocation Type | Multi-year Fund |
Review Section |
Basic Section 41010:Agricultural and food economics-related
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Research Institution | Setsunan University |
Principal Investigator |
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Project Period (FY) |
2018-04-01 – 2020-03-31
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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 |
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.
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Free Research Field |
食料経済学
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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。
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