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Economic thoughts on COVID‐19 for Canadian food processors

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  • Getu Hailu

Abstract

In this paper, I explore the potential effects of the COVID‐19 pandemic on Canadian food processors. First, COVID‐19 may have an impact on food processing economic activities because of supply and demand shocks. Second, the impact of COVID‐19 on food processing may depend on the type of products and the size of the processors. The effects of measures taken by the government to flatten the epidemiological curve on the economic activities of the food processing sector are uncertain. Dans cet article, j'explore les effets potentiels de la pandémie de la COVID‐19 sur les transformateurs alimentaires canadiens. Premièrement, la COVID‐19 peut avoir un impact sur les activités économiques de transformation des aliments en raison des chocs de l'offre et de la demande. Deuxièmement, l'impact de COVID‐19 sur la transformation des aliments peut dépendre du type de produits et de la taille des transformateurs. Les effets des mesures prises par le gouvernement pour aplanir la courbe épidémiologique sur les activités économiques du secteur de la transformation alimentaire sont incertains.

Suggested Citation

  • Getu Hailu, 2020. "Economic thoughts on COVID‐19 for Canadian food processors," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 68(2), pages 163-169, June.
    • Handle: RePEc:bla:canjag:v:68:y:2020:i:2:p:163-169
    DOI: 10.1111/cjag.12241
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    References listed on IDEAS

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    1. Ben S. Bernanke, 2020. "The New Tools of Monetary Policy," American Economic Review, American Economic Association, vol. 110(4), pages 943-983, April.
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    1. Jelena Končar & Radenko Marić & Goran Vukmirović & Sonja Vučenović, 2021. "Sustainability of Food Placement in Retailing during the COVID-19 Pandemic," Sustainability, MDPI, vol. 13(11), pages 1-19, May.
    2. Marc Lim, Weng, 2023. "Transformative marketing in the new normal: A novel practice-scholarly integrative review of business-to-business marketing mix challenges, opportunities, and solutions," Journal of Business Research, Elsevier, vol. 160(C).
    3. Olga A. Chernova & Baraa Ali, 2021. "Cooperative strategies of food enterprises amid the COVID-19 pandemic," Upravlenets, Ural State University of Economics, vol. 12(5), pages 70-83, November.
    4. Serge Savary & Sonia Akter & Conny Almekinders & Jody Harris & Lise Korsten & Reimund Rötter & Stephen Waddington & Derrill Watson, 2020. "Mapping disruption and resilience mechanisms in food systems," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 12(4), pages 695-717, August.
    5. Koppiahraj Karuppiah & Bathrinath Sankaranarayanan & Syed Mithun Ali, 2022. "Modeling Impacts of COVID-19 in Supply Chain Activities: A Grey-DEMATEL Approach," Sustainability, MDPI, vol. 14(21), pages 1-21, October.
    6. Ceballos, Francisco & Hernandez, Manuel A. & Paz, Cynthia, 2024. "COVID-19 and extreme weather: Impacts on food security and migration attitudes in the rural area of Guatemala," World Development, Elsevier, vol. 173(C).
    7. Margarida Rodrigues & Mário Franco & Rui Silva, 2020. "COVID-19 and Disruption in Management and Education Academics: Bibliometric Mapping and Analysis," Sustainability, MDPI, vol. 12(18), pages 1-25, September.
    8. Elena-Sabina Turnea & Ștefan Andrei Neștian & Silviu Mihail Tiță & Ana Iolanda Vodă & Alexandra Luciana Guță, 2020. "Dismissals and Temporary Leaves in Romanian Companies in the Context of Low Demand and Cash Flow Problems during the COVID-19 Economic Lockdown," Sustainability, MDPI, vol. 12(21), pages 1-22, October.
    9. Kumar, Anish & Mangla, Sachin Kumar & Kumar, Pradeep & Song, Malin, 2021. "Mitigate risks in perishable food supply chains: Learning from COVID-19," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    10. Sylvain Charlebois & Mark Juhasz & Janet Music, 2021. "Supply Chain Responsiveness to a (Post)-Pandemic Grocery and Food Service E-Commerce Economy: An Exploratory Canadian Case Study," Businesses, MDPI, vol. 1(2), pages 1-19, July.
    11. Peilei Fan & Jiquan Chen & Tanni Sarker, 2022. "Roles of Economic Development Level and Other Human System Factors in COVID-19 Spread in the Early Stage of the Pandemic," Sustainability, MDPI, vol. 14(4), pages 1-15, February.

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