COVID-19 and fresh produce markets in the United States and China

Metin Çakır, Qingxiao Li, Xiaoli Yang

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

This paper examines the impact of COVID-19 on fruits and vegetable prices in the United States and China in a difference-in-differences framework. Our main results show differing impacts of the pandemic on the U.S. and Chinese wholesale prices. We conclude that despite the unprecedented disruptions, the U.S. produce industry remained intact. However, the long-run effects could be mixed. We conjecture that the industry would stay resilient in the long run by having gained practical know-how. Nevertheless, potential structural changes, such as changing household expenditure patterns due to income loss and increasing concentration in the food service market, could hurt the industry.

Original languageEnglish (US)
Pages (from-to)341-354
Number of pages14
JournalApplied Economic Perspectives and Policy
Volume43
Issue number1
DOIs
StatePublished - Mar 2021

Bibliographical note

Publisher Copyright:
© 2020 Agricultural & Applied Economics Association

Keywords

  • COVID-19
  • coronavirus pandemic
  • fruits and vegetables
  • produce market
  • supply chain

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