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Trade Liberalization and Food Security: A Case Study of Taiwan using Global Food Security Index (GFSI)

Author

Listed:
  • Chen, Chi-Chung
  • Shih, Jou-Chen
  • Chang, Ching-Cheng
  • Hsu, Shih-Hsun

Abstract

In this study, the annual GFSIs of Taiwan over the past 15 years were computed to investigate the association between food security, food self-sufficiency rate, and trade liberalization. Within the past 15 years, there were significantly sharp declines in 2002 and 2008. We inferred that the main reason for the sharp declines in 2002 is the import tariff decrease resulting from Taiwan’s entry into the World Trade Organization (WTO). And for 2008, an economic recession generated by the Global Financial Crisis should be responsible for the significant decline of Taiwan’s GFSI. In general, we found that there has been a steady growth trend of Taiwan’s GFSI since 2002 although food self-sufficiency rate has been declining. In conclusions, judging from the more comprehensive measurement of food security definition, trade liberalization improves the food security status of Taiwan.

Suggested Citation

  • Chen, Chi-Chung & Shih, Jou-Chen & Chang, Ching-Cheng & Hsu, Shih-Hsun, 2015. "Trade Liberalization and Food Security: A Case Study of Taiwan using Global Food Security Index (GFSI)," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205700, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea15:205700
    DOI: 10.22004/ag.econ.205700
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    Keywords

    Food Security and Poverty; International Development; International Relations/Trade;
    All these keywords.

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