[Risk and] Supply Chain Resilience: Lessons from the Pandemic

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In the 2022 AAEA Annual Meeting session “[Risk and] Supply Chain Resilience: Lessons from the Pandemic” authors discuss the agricultural sector has been reasonably resilient in the face of the COVID-19 pandemic, the question remains of whether the supply disruptions that did occur where greater than socially optimal. One can argue that producers at the firm level have less concern with taking actions to reduce the supply chain’s vulnerability to shocks than is optimal at the society level. However, while increasing the resilience of agricultural supply chains could reduce the potential for large swings in prices, it could also decrease production efficiency and raise mean prices. This session will start with a discussion of the conceptual framework then move to issues in transport, trade, developing countries, and the role of federal policy.

Presentations in this session:

  • Economics of adapting to shocks, with implications of the pandemic

Presented by: David Zilberman

  • Role of federal government in the pandemic

Presented by: Joseph C. Cooper

  • Transport issues

Presented by: Heidi Schweizer

  • Resilience and Trade

Presentation by: Shawn Arita

This session will take place on August 2, 2022 at 1:00 pm – 2:30 pm Pacific in the room Gold Key I at the Marriott Anaheim and virtual.

If you are interested in attending the 2022 AAEA Annual Meeting in Anaheim, CA, please send a completed complimentary media registration to Allison Ware in the AAEA Business Office. You can also learn more on our Annual Meeting Media Kit page. All registrants will have full access to all session’s virtual component.

ABOUT AAEA: Established in 1910, the Agricultural & Applied Economics Association (AAEA) is the leading professional association for agricultural and applied economists, with 2,500 members in more than 60 countries. Members of the AAEA work in academic or government institutions as well as in industry and not-for-profit organizations, and engage in a variety of research, teaching, and outreach activities in the areas of agriculture, the environment, food, health, and international development. The AAEA publishes three journals, the Journal of the Agricultural and Applied Economics Association (an open access journal), the American Journal of Agricultural Economics and Applied Economic Perspectives & Policy, as well as the online magazine Choices and the online open access publication series Applied Economics Teaching Resources. To learn more, visit http://www.aaea.org.

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