COVID-19 and food prices in sub-Saharan Africa

被引:86
作者
Agyei, Samuel Kwaku [1 ]
Isshaq, Zangina [1 ]
Frimpong, Siaw [1 ]
Adam, Anokye Mohammed [1 ]
Bossman, Ahmed [1 ]
Asiamah, Oliver [1 ]
机构
[1] Univ Cape Coast, Sch Business, Dept Finance, 3rd Floor,Sch Business Bldg,New Site, Cape Coast, Central Region, Ghana
来源
AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT | 2021年 / 33卷
关键词
OIL; SECURITY; OUTBREAK;
D O I
10.1111/1467-8268.12525
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
This study investigated the impact of the novel coronavirus disease 2019 (COVID-19) outbreak on prices of maize, sorghum, imported rice and local rice in sub-Saharan Africa (SSA). We estimated dynamic panel data models with controls for macroeconomic setting using general method of moments estimation. The study found that the COVID-19 outbreak led to increases in food prices of the sampled countries. Restrictions on movements or lockdowns in the wake of COVID-19 was associated with an increase in the price of maize only. We also found that exchange rate, inflation and crude oil prices exerted a detrimental effect on food prices. We recommend that governments of SSA countries invest in infrastructure that improves efficiencies in the food supply chain during pandemics. Providing adequate support to industries in the value chain will also improve food availability and food price stability post-COVID-19.
引用
收藏
页码:S102 / S113
页数:12
相关论文
共 57 条
[1]   Corporate Tax Avoidance Incentives of Banks in Ghana [J].
Agyei, Samuel Kwaku ;
Marfo-Yiadom, Edward ;
Ansong, Abraham ;
Idun, Anthony Adu Asare .
JOURNAL OF AFRICAN BUSINESS, 2020, 21 (04) :544-559
[2]   How is volatility in commodity markets linked to oil price shocks? [J].
Ahmadi, Maryam ;
Behmiri, Niaz Bashiri ;
Manera, Matteo .
ENERGY ECONOMICS, 2016, 59 :11-23
[3]   Measuring Food Insecurity during the COVID-19 Pandemic of Spring 2020JEL codes [J].
Ahn, Sunjin ;
Norwood, F. Bailey .
APPLIED ECONOMIC PERSPECTIVES AND POLICY, 2021, 43 (01) :162-168
[4]   The impact of COVID-19 related 'stay-at-home' restrictions on food prices in Europe: findings from a preliminary analysis [J].
Akter, Sonia .
FOOD SECURITY, 2020, 12 (04) :719-725
[5]  
[Anonymous], 2019, FAO CORONAVIRUS DIS
[6]   SOME TESTS OF SPECIFICATION FOR PANEL DATA - MONTE-CARLO EVIDENCE AND AN APPLICATION TO EMPLOYMENT EQUATIONS [J].
ARELLANO, M ;
BOND, S .
REVIEW OF ECONOMIC STUDIES, 1991, 58 (02) :277-297
[7]   Covid-19 lockdowns, income distribution, and food security: An analysis for South Africa [J].
Arndt, Channing ;
Davies, Rob ;
Gabriel, Sherwin ;
Harris, Laurence ;
Makrelov, Konstantin ;
Robinson, Sherman ;
Levy, Stephanie ;
Simbanegavi, Witness ;
van Seventer, Dirk ;
Anderson, Lillian .
GLOBAL FOOD SECURITY-AGRICULTURE POLICY ECONOMICS AND ENVIRONMENT, 2020, 26
[8]   Policy options for mitigating impacts of COVID-19 on domestic rice value chains and food security in West Africa [J].
Arouna, Aminou ;
Soullier, Guillaume ;
del Villar, Patricio Mendez ;
Demont, Matty .
GLOBAL FOOD SECURITY-AGRICULTURE POLICY ECONOMICS AND ENVIRONMENT, 2020, 26
[9]   COVID-19 and food security in Sub-Saharan Africa: implications of lockdown during agricultural planting seasons [J].
Ayanlade, Ayansina ;
Radeny, Maren .
NPJ SCIENCE OF FOOD, 2020, 4 (01)
[10]  
Baffes J., 2014, NG TERM DRIVERS FOOD