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Bilateral Trade and Food Security

Author

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  • Brooks, Douglas

    (Asian Development Bank)

  • Ferrarini, Benno

    (Asian Development Bank)

  • Go, Eugenia

    (Asian Development Bank)

Abstract

We analyze the relationship between food security and trade, focusing on food importers’ exposure to sudden market failures from relying on a narrow range of international suppliers. We compute a bilateral import penetration index (BIPI), which gauges the degree to which a country depends on another for food imports. Food trade maps are drawn by the application of a force-directed algorithm that sorts through computed BIPIs and maps the nodes corresponding to the strength of bilateral ties between country pairs, thereby showing importers’ vulnerabilities to disruptions in bilateral channels. Results suggest that measures aimed at diversifying supply sources reduce vulnerability.

Suggested Citation

  • Brooks, Douglas & Ferrarini, Benno & Go, Eugenia, 2013. "Bilateral Trade and Food Security," ADB Economics Working Paper Series 367, Asian Development Bank.
  • Handle: RePEc:ris:adbewp:0367
    Note: http://www.adb.org/sites/default/files/pub/2013/ewp-367.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    food security; trade; bilateral trade; agriculture; agriculture trade;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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