Globalisation in agriculture and food: the role of multinational enterprises

Author:

Scoppola Margherita1

Affiliation:

1. University of Macerata, Italy

Abstract

Abstract This paper reviews the state-of-the-art work on agri-food Multinational Enterprises (MNEs), by discussing the current state-of-play and the tools at our disposal to expand knowledge. After a critical discussion of available data, new data from OECD are used to provide a broad overview of the role of MNEs in the agri-food Global Value Chains (GVCs) and to draw a few stylized facts. Data reveals that in the food, beverages and tobacco industry MNE activity is higher than on average, while in agriculture it is lower; North-South flows are increasing as well as the role of MNE in the agri-food GVCs. The review of theoretical and of empirical literature shows how modern trade theories provide us with a strong theoretical background which, together with improved firm-level and country-level data, may help explaining observed patterns and effectively orientate empirical analyses of agri-food MNEs in several directions.

Publisher

Oxford University Press (OUP)

Subject

Economics and Econometrics,Agricultural and Biological Sciences (miscellaneous)

Reference133 articles.

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2. Intra-industry foreign direct investment;Alfaro;American Economic Review,2009

3. Modelling trade policies under alternative market structure;Anania;Journal of Policy Modeling,2014

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