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Effects of Food Import and Source Diversification on Food Security

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Authors
Kim, Chong-Sup; La, Jung-Joo
Issue Date
2009-09
Publisher
서울대학교 경제연구소
Citation
경제논집, Vol.48 No.2/3, pp. 325-336
Abstract
The purpose of this paper is to analyze the effects of food import and source

diversification on the stability of food price. The paper shows that high import reliance is

helpful to reduce the price variability for banana, pineapple, tomato, spice, poultry meat,

wine, maize, and bovine meat, whereas there are some exceptions like cabbage. This means

that self-sufficiency for most of the foods is not good for the stability of price.

As for diversification of food import source, diversification is helpful to reduce the

variability of import price for banana, pineapple, tomato, spice, poultry meat, wine, apple,

grape, orange, tea, pig meat, tobacco, and cabbage. In addition, a country should diversify

more its import source in order to stabilize import price when it is importing food from

developing countries than when it is importing from developed ones. This is probably

because developed countries, with better infrastructure for agriculture, can maintain more

stable production and price.
ISSN
1738-1150
Language
English
URI
http://hdl.handle.net/10371/62093
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)경제논집경제논집 vol.48 (2009)
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