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Impact of the Political Risk on Food Reserve Ratio: Evidence Across Countries

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Abstract

Using an unbalanced panel data covering 75 countries from 1991 to 2019, the authors explore how the political risk impacts on food reserve ratio. The empirical findings show that an increasing political risk negatively affects food reserve ratio, and the same effects hold for both internal risk and external risk. Moreover, the authors find that the increasing external or internal risks both negatively affect food production and food exports, but external risk does not significantly impact food imports and it positively impacts food consumption, while internal risk negatively impacts food imports and food consumption. The results suggest that most governments have difficulty raising subsequent food reserve ratios in face of an increasing political risk, no matter if it is an internal risk or an external risk although the mechanisms behind the impacts are different.

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Author information

Authors and Affiliations

  1. School of Economics & Management, Nanchang University, Nanchang, 330031, China

    Kai Xing

  2. Department of Statistics and Data Science, National University of Singapore, 119077, Singapore

    Shang Li

  3. Academy of Mathematics and Systems Science, Chinese Academy of Sciences, Beijing, 100190, China

    Xiaoguang Yang

  4. University of Chinese Academy of Sciences, Beijing, 100190, China

    Xiaoguang Yang

Authors
  1. Kai Xing
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  2. Shang Li
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Corresponding author

Correspondence to Xiaoguang Yang.

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The authors declare no conflict of interest.

Additional information

This research was supported by the National Natural Science Foundation of China under Grant Nos. 71972010 and 72201120, the Natural Science Foundation of Jiangxi under Grant No. 20232BAB201027 and the Program of Graduate Education and Teaching Reform of Jiangxi Province under Grant No. JXYJG-2023-008.

This paper was recommended for publication by Editor FANG Ying.

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Xing, K., Li, S. & Yang, X. Impact of the Political Risk on Food Reserve Ratio: Evidence Across Countries. J Syst Sci Complex 37, 2071–2103 (2024). https://doi.org/10.1007/s11424-024-2388-9

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  • DOI: https://doi.org/10.1007/s11424-024-2388-9

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