Research Seminars @ Illinois

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Tailored for undergraduate researchers, this calendar is a curated list of research seminars at the University of Illinois. Explore the diverse world of research and expand your knowledge through engaging sessions designed to inspire and enlighten.

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Speaker Taejun Mo - Uncovering the Key Transportation Links in the U.S. Domestic Food Supply Chain Through Disruption Simulations

Event Type

Seminar/Symposium

Sponsor

PERE (Program in Environmental & Resource Economics)

Location

426 Mumford Hall

Date

Dec 2, 2024 12:00 - 1:00 pm

Speaker

Taejun Mo, PhD Student, UIUC Dept. ACE

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Originating Calendar

ACE Seminars

Abstract
This paper uses simulation with counterfactual scenarios to examine the impact of transportation disruptions on the U.S. agricultural and food trade system with the following three primary objectives. First, it estimates the relationship between transportation segment disruptions and trade flows of agricultural and food commodities using an econometric gravity model. Second, it identifies critical road segments whose disruption would significantly impact domestic trade and national welfare. Lastly, the study extends its analysis to the state level instead of the segment level in order to measure the consequences of disrupting all road access from/to a state. The findings offer valuable insights on agrifood transportation disruption mitigation as seen in 2022 when the level of the Mississippi River dropped significantly and currently in 2024 Gatun Lake for the Panama Canal, or an unexpected huge accident as Baltimore’s Key Bridge Collapse in 2024.

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