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International Area Studies Review
[ Article ]
International Area Studies Review - Vol. 27, No. 4, pp.353-366
ISSN: 2233-8659 (Print)
Print publication date 31 Dec 2024
DOI: https://doi.org/10.69473/iasr.2024.27.4.353

Impact of Logistic Performance on Food Security: Revisiting the Trade Openness-Food Security Nexus

Jun Ho Seok ; Byung Min Soon*
Associate Professor, Department of International Trade, Jeonbuk National University, Republic of Korea
Associate Professor, Department of Agricultural Economics, Chungnam National University, Republic of Korea

Correspondence to: *Email: soonbm@cnu.ac.kr

Abstract

This study investigates the impact of logistics performance on food security using the trade openness-food security nexus. Specifically, this study uses panel data from 160 countries for 2007, 2010, 2012, 2014, 2016, and 2018. The reason for selecting these periods was the data availability of the logistic performance index (LPI) offered by the World Bank. Using the generalized method of moments, we found that trade openness and LPI have negative and positive effects on food security in the short and long term, respectively. Additionally, while LPI does not significantly affect food security in high-income countries, it has negative and positive effects on the food security of low-income countries in the short- and long-term, respectively. Our results highlight the need to create a backup policy for the short-term negative effect of trade openness and LPI on food security. Additionally, this study determines that low-income countries might consider the development of logistics to enjoy the effect of trade openness among low, middle, and high countries.

Keywords:

Food security, Logistics performance index, Trade openness

AI Acknowledgment

Generative AI or AI-assisted technologies were not used in any way to prepare, write, or complete essential authoring tasks in this manuscript.

Declaration of conflicting interests

The authors declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

Funding

This work was supported by the National Research Foundation of Korea Grant funded by the Korean Government (NRF-2022M3J6A1084843).

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