Affiliation:
1. Department of Management, Baskent University, Ankara, 06790, Turkey
Abstract
In this paper, we investigate global connectedness and networks of agricultural production on continental and subregional levels. Using per capita agricultural production indices (API) from the United Nations Food and Agriculture Organization, we applied the spillover index method and network analysis. Continental-level analysis shows that global agricultural production is mainly connected to production in Europe and Asia. The subregional analysis also confirms that most subregions are connected to Europe and Asia regarding agricultural production. Agricultural production shocks occurring in Western Asia, Western Europe, Southern Europe, Southeast Asia and Eastern Asia regions have highly spread to other regions. This study demonstrates that worldwide agricultural production is highly interconnected and integrated. Based on these results, our study showed that global agricultural production has been converging. The findings of this study can be used by policymakers as well as national or international institutions shaping and regulating national and regional agricultural and economic policies.
Publisher
World Scientific Pub Co Pte Ltd
Subject
Economics and Econometrics
Cited by
1 articles.
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