IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i3p956-d1324517.html
   My bibliography  Save this article

A Study on the Impact of External Shocks on the Resilience of China’s Grain Supply Chain

Author

Listed:
  • Tao Zheng

    (School of Economics and Management, Yanshan University, Qinhuangdao 066004, China
    The Regional Economic Development Research Center, Yanshan University, Qinhuangdao 066004, China)

  • Guiqian Zhao

    (School of Economics and Management, Yanshan University, Qinhuangdao 066004, China)

  • Siwei Chu

    (School of Economics and Management, Yanshan University, Qinhuangdao 066004, China)

Abstract

Grain supply is the lifeblood of a country, and the stability of the supply chain is a crucial prerequisite for ensuring national grain security. This paper draws on the definition of resilience in physics and economics. It takes supply chain fracture resilience, impact resilience, and synergy resilience as the secondary indicators. It constructs a comprehensive evaluation indicator system of the grain supply chain resilience, measures the resilience indicator of China’s grain supply chain from 1996 to 2021, and analyzes the role of supply, cost, exchange rate, and other external shocks in influencing the resilience of China’s grain supply chain on this basis. The study found that the overall level of China’s total grain supply chain resilience has been growing year by year and can be divided into three stages: low-level stabilization stage, continuous growth stage, and high-level stabilization stage. Grain supply chain fracture resilience has been growing steadily, grain supply chain impact resilience fluctuation is more obvious, and grain supply chain synergy resilience has been changing more gently. In the inquiry of the impact of external shocks on the resilience of China’s grain supply chain, it was found that world grain exports and the RMB exchange rate have a significant positive impact on China’s grain supply chain resilience level, while the international oil price has a significant negative impact. Based on this, the paper puts forward suggestions for ensuring stable production and supply in the grain market, improving the structure of foreign trade in grain, and actively coping with international commodity price shocks.

Suggested Citation

  • Tao Zheng & Guiqian Zhao & Siwei Chu, 2024. "A Study on the Impact of External Shocks on the Resilience of China’s Grain Supply Chain," Sustainability, MDPI, vol. 16(3), pages 1-17, January.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:3:p:956-:d:1324517
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/3/956/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/16/3/956/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sudhanshu Joshi & Manu Sharma & Banu Y. Ekren & Yigit Kazancoglu & Sunil Luthra & Mukesh Prasad, 2023. "Assessing Supply Chain Innovations for Building Resilient Food Supply Chains: An Emerging Economy Perspective," Sustainability, MDPI, vol. 15(6), pages 1-21, March.
    2. Ebenezer Olamide & Andrew Maredza & Kanayo Ogujiuba, 2022. "Monetary Policy, External Shocks and Economic Growth Dynamics in East Africa: An S-VAR Model," Sustainability, MDPI, vol. 14(6), pages 1-19, March.
    3. Friday Osemenshan Anetor, 2020. "Foreign Capital Inflows, Financial Development and Growth In Nigeria: A Structural VAR Approach," Journal of Developing Areas, Tennessee State University, College of Business, vol. 54(3), pages 69-86, July-Sept.
    4. Peter A.G. Bergeijk & Steven Brakman & Charles Marrewijk, 2017. "Heterogeneous economic resilience and the great recession's world trade collapse," Papers in Regional Science, Wiley Blackwell, vol. 96(1), pages 3-12, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aladejare, Samson Adeniyi, 2023. "Economic prosperity, asymmetric natural resource income, and ecological demands in resource-reliant economies," Resources Policy, Elsevier, vol. 82(C).
    2. Marina Yu. Malkina, 2021. "How the 2020 pandemic affected tax revenues in Russian regions?," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 16(2), pages 239-260, June.
    3. Mina Alvandi Ghiasvand & Mehran khalaj & Amir Hossein Kamali Dolatabadi, 2024. "Introducing an integrated method for assessing supply chain sustainability based on HF-ARAS and IT2F-BWM," OPSEARCH, Springer;Operational Research Society of India, vol. 61(4), pages 1713-1763, December.
    4. Shanshan Ye & Mingming Cao, 2023. "The Impact of Industrial Linkage Structures on Urban Economic Resilience in China in the Context of the COVID-19 Shock," Sustainability, MDPI, vol. 15(6), pages 1-15, March.
    5. van Bergeijk, P.A.G., 2017. "One is not enough! An economic history perspective on world trade collapses and deglobalization," ISS Working Papers - General Series 98695, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    6. Heira Georgina Valdez Bocanegra, 2024. "Supply Chain Management and Innovation Practices as Core Strategies for Business Competitiveness and Performance," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 14(4), pages 1-3.
    7. Zhongchao Dong & Haiou Du, 2024. "RETRACTED ARTICLE: Investing energy transition future: a comprehensive assessment of financial and non-financial factors that affect access to capital," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-25, June.
    8. Saqib Mehmood & Jianqiang Fan & Idris Salim Dokota & Samera Nazir & Zarish Nazir, 2024. "How to Manage Supply Chains Successfully in Transport Infrastructure Projects," Sustainability, MDPI, vol. 16(2), pages 1-28, January.
    9. Erokhin, Vasilii & Ivolga, Anna & Lazareva, Natalia & Germanova, Victoria & Igonina, Elena & Sofin, Alexander, 2024. "China—Eastern Europe Agricultural Trade: (Dis)Advantages and Policy Responses," Research on World Agricultural Economy, Nan Yang Academy of Sciences Pte Ltd (NASS), vol. 5(2), June.
    10. Ji Tan & S. B. Goyal & Anand Singh Rajawat & Tony Jan & Neda Azizi & Mukesh Prasad, 2023. "Anti-Counterfeiting and Traceability Consensus Algorithm Based on Weightage to Contributors in a Food Supply Chain of Industry 4.0," Sustainability, MDPI, vol. 15(10), pages 1-19, May.
    11. Hasan Engin Duran & Ugo Fratesi, 2023. "Economic resilience and regionally differentiated cycles: Evidence from a turning point approach in Italy," Papers in Regional Science, Wiley Blackwell, vol. 102(2), pages 219-252, April.
    12. Jin Zhang & Shuiping Zhang & Xin Huang & Zhiwei Zhang & Chengtuo Jin, 2023. "Spatiotemporal Evolution of Coordinated Development between Economic Resilience and Green Finance under the Background of Sustainable Development," Sustainability, MDPI, vol. 15(11), pages 1-21, June.
    13. Yanyan Wang & Tongtong Wang & Wenjing Cui & Guangqiang Zhou & Huajun Liu, 2024. "Selecting Resilient Strategies for Cost Optimization in Prefabricated Building Supply Chains Based on the Non-Dominated Sorting Genetic Algorithm-Ⅱ: Facing Diverse Disruption Scenarios," Sustainability, MDPI, vol. 16(14), pages 1-24, July.
    14. Peter A.G. van Bergeijk, 2021. "Pandemic Economics," Books, Edward Elgar Publishing, number 20401.
    15. Sonja Brlečić Valčić & Anita Peša & Dijana Čičin-Šain, 2022. "Analysis of the Eurozone’s Resilience to Crises and Disturbances in the Context of EU Development Strategies—Contemporary Approach Using Anfis," Sustainability, MDPI, vol. 14(23), pages 1-28, November.
    16. Andrea Rampa, 2020. "Climate change, catastrophes and Dismal Theorem: a critical review [Klimawandel, Katastrophen und das „Dismal Theorem“: eine kritische Überprüfung]," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 40(2), pages 113-136, October.
    17. Paolo Caro & Ugo Fratesi, 2018. "Regional determinants of economic resilience," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 235-240, March.
    18. Louail Bilal & Zouita Mohamed Salah, 2021. "The relationship between foreign direct investment, financial development and growth economic in Next-11 Countries: a PMG/ARDL estimation," Management, Sciendo, vol. 25(1), pages 28-50, January.
    19. Jacopo Canello & Francesco Vidoli, 2020. "Investigating space‐time patterns of regional industrial resilience through a micro‐level approach: An application to the Italian wine industry," Journal of Regional Science, Wiley Blackwell, vol. 60(4), pages 653-676, September.
    20. Liu, Shuwen & Li, Youli & Shen, Zhihan & Yu, Jinyi & Xu, Zhaoyi, 2024. "The impact of population agglomeration on economic resilience: Evidence from 280 cities in China," International Review of Economics & Finance, Elsevier, vol. 94(C).

    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:gam:jsusta:v:16:y:2024:i:3:p:956-:d:1324517. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.