Economic thoughts on COVID-19 for Canadian food processors |
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| Authors: | Getu Hailu |
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| Institution: | Department of Food, Agricultural & Resource Economics, University of Guelph, Guelph, Ontario, Canada |
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| Abstract: | In this paper, I explore the potential effects of the COVID-19 pandemic on Canadian food processors. First, COVID-19 may have an impact on food processing economic activities because of supply and demand shocks. Second, the impact of COVID-19 on food processing may depend on the type of products and the size of the processors. The effects of measures taken by the government to flatten the epidemiological curve on the economic activities of the food processing sector are uncertain. |
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| Keywords: | COVID-19 demand shock export food processors foodservice retail supply shock |
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