IDEAS home Printed from https://ideas.repec.org/a/eee/jfpoli/v127y2024ics0306919224001003.html
   My bibliography  Save this article

Understanding firm networks in global agricultural value chains

Author

Listed:
  • Beck, Anne
  • Lim, Sunghun
  • Taglioni, Daria

Abstract

This paper explores the evolution and resilience of global value chains (GVCs) in the agrifood sector, which intensified since the 1994 Uruguay Round Agreement. Using unique data from the FactSet database, along with Fortune 500 lists, we conduct a comprehensive analysis of approximately 17,500 agribusiness companies worldwide, examining over 150,000 supplier and customer connections from 2014 to 2022. Our findings reveal that large corporations, acting as central nodes, have increased their network centrality in GVCs, particularly through geographic diversification and a concentrated supply strategy. The study also indicates a correlation between the complexity and depth of firm-to-firm linkages and increased resilience, suggesting that firms with greater connectivity are less likely to exit the industry. This analysis not only contributes new insights into the structure and dynamics of agribusiness networks but also highlights the role of firm linkages in navigating recent disruptive global events such as the US-China Trade War, COVID-19 pandemic, extreme weather episodes, and geopolitical tensions.

Suggested Citation

  • Beck, Anne & Lim, Sunghun & Taglioni, Daria, 2024. "Understanding firm networks in global agricultural value chains," Food Policy, Elsevier, vol. 127(C).
    • Handle: RePEc:eee:jfpoli:v:127:y:2024:i:c:s0306919224001003
    DOI: 10.1016/j.foodpol.2024.102689
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0306919224001003
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.foodpol.2024.102689?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Global value chains; Agricultural supply chains; Firm network; Agribusiness;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jfpoli:v:127:y:2024:i:c:s0306919224001003. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/foodpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.