COVID-19 Working Paper: Single Commodity Export Dependence and the Impacts of COVID-19 in Sub-Saharan Africa

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英文名称：

COVID-19 Working Paper: Single Commodity Export Dependence and the Impacts of COVID-19 in Sub-Saharan Africa

作者：

Adam Gerval; James Hansen;

来源地址：

https://www.ers.usda.gov/api/publications/v1.0?page=6&items_per_page=20&sort_by=releaseDate&sort_order=DESC&series=AP%2CCCR%2CEB%2CEIB%2CERR%2CTB

关键词：

Coronavirus;  COVID-19;  single-commodity dependence;  sub-Saharan Africa;  Nigeria;  Angola;  poultry;  wheat;  agricultural trade;  U.S. agricultural exports;  rice; 

年份：

2022

出版地：

Washington, DC, USA

总页数：

31

语种：

English

摘要：

This working paper illuminates the impact that volatility in international commodity prices has on U.S. agricultural product export volumes to sub-Saharan Africa (SSA). The current Coronavirus (COVID-19) crisis has created such a period of intense price volatility, offering a unique opportunity for modeling potential effects of a global shock on trade with these nations. By simulating the effects of declining oil prices in 2020 and subsequent years through a shock to gross domestic product (GDP) in oil-dependent nations\u2014i.e., Angola and Nigeria\u2014we can evaluate the impacts of COVID-19 on agricultural trade for key U.S. export commodities to SSA.