Role of trade agreements in the global cereal market and implications for virtual water flows.

ABSTRACT: Understanding the dynamics of food trade, which involves a corresponding virtual trade in environmental resources, is relevant for its effects on the environment. Among the socioeconomic factors driving the international food market, trade agreements play a significant yet poorly understood role in facilitating access to worldwide trade. Focusing on the global trade of grain from 1993 to 2015, we investigate the role of trade agreements in activating new linkages and increasing traded volumes and their environmental implications. Through a data-driven approach, we show that the activation of a trade agreement among countries induces a more than six-fold increase in the probability of establishing a new link. Also, the presence of a trade agreement over time, not just its activation, relate

SUBMITTER: Falsetti B 

PROVIDER: S-EPMC9042873 | biostudies-literature | 2022 Apr

REPOSITORIES: biostudies-literature