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Facoltà di Scienze Agrarie e Alimentari Università degli Studi di Milano
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Food chain in the global market
Code: K070B-
Teacher:  Valentina Raimondi
Year: 
Term: 
CFU: 
CFU subdivision: Lectures: 6
Basic aims:  The course introduces students to topics on international fragmentation of production in Global value chains, with special emphasis to the agri-food sector.
Acquired skills:  Knowledge on how firms act in the Global Economy (Export Decisions, Outsourcing, and Multinational Enterprises), and which the effects of offshoring and of movement of capital between countries, will be the main learning topics of the first part of the course. How to analyze and measure the Global value Chain, and which the main caracteristics of some of the most relevant GVC in the food sector will be the main learning topics of the second part.
Course contents:  Firms in the Global Economy: Outsourcing, and Multinational Enterprises. The effect of movement of (Labor and) Capital between Countries.
The Global Value Chains: Measurement, Analysis, and case studies in agri-food sector.
Program:  Part I
The Actors, the choices, the effects
• Firms in the Global Economy: Outsourcing, and Multinational Enterprises (K-O-M – Ch. 8)
• Offshoring of Good and Services (F-T – Ch. 7)
• Movement of (Labor and) Capital between Countries (F-T – Ch. 5)

Part II
The Global Value Chains: Measurement and Analysis
• How to measure GVCs: trade in Value Added
• The measure of international fragmentation using WIOD database (with STATA)
• The GVCs analysis
• GVCs in the Agri-food sector case studies: Coffee, Fruit & Vegetables, Cocoachocolate, Sugar-soft drinks, Wheat
Prerequisites:  Info not available
Preparatory instructions:  Info not available
Learning materials:  1. Feenstra R. C. e Taylor A. M. (2009), International Trade, Worth Publishers, New York (F-T)
2. Feenstra R.C. (2016), Advanced International Trade, Princeton University Press (F)
3. Krugman P., Obstfeld M. and Melitz M.J. (2012). International Economics. Theory and Policy,
Pearson (K-O-M)
4. Readings list suggested by the teacher
Other info:  The final grade will consist of two parts: the written test on Part I (50%) and the oral final examination (50%) on Part II. Students have to achieve a minimum grade in the written test, to be admitted to the final oral.
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Program of Food chain in the global market (pdf version)
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