CHOUAIB JOUF

Maître de conférences

Photo Chouaib Jouf
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  • Research group

      Macroéconomie internationale, finance, matières premières et économétrie financière

2021-10

European farmers’ responses to higher commodity prices: cropland expansion or forestlands preservation?

Chouaib Jouf, Laté Lawson

Abstract
This paper analyses the impact of European farmers’ responsiveness to changes in agri-commodities prices on their trade-off between agricultural expansion and forestland preservation. We investigate this issue by estimating a recursive model using a comprehensive dataset of European agricultural holdings over the period 2008-2017, covering 128 regions (26 countries). Our main finding is that there is indeed evidence of such a trade-off. An increase in commodity prices leads to higher cropland profitability, which in turn causes deforestation in the 128 European regions considered. Replicating the analysis on different subsamples confirms the robustness of these findings.
Mot(s) clé(s)
Agricultural commodities prices; Land-use; Cropland; Woodland.
2020-1

Asymmetric price transmission along the food marketing chain: A focus on the recent price war.

Chouaib Jouf

Abstract
This paper investigates the price transmission along the food marketing chain in France. We focus on this transmission at the upstream and downstream levels during the so-called "price war" waged by the retailers in the French market. To this aim, we rely on an asymmetric cointegration approach: the Nonlinear Autoregressive Distributed Lag (NARDL) model. We find that although the asymmetric price transmission is effective along the French food marketing chain, it is more pronounced at the downstream level, illustrating that agri-food companies are the main losers of the recent war price in the food sector.
Mot(s) clé(s)
Food sector, Price transmission, Asymmetry, Nonlinear ARDL model
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