University of Exeter Business School

Professor Steve McCorriston

Professor Steve McCorriston

Professor of Agricultural Economics

 S.McCorriston@exeter.ac.uk

 3848

 +44 (0) 1392 723848

 Streatham Court 0.38

 

Streatham Court, University of Exeter, Rennes Drive, Exeter, EX4 4PU, UK

Overview

Professor Steve McCorriston is currently Professor of Agricultural Economics. His research interests relate to trade and competition issues with particular reference to food markets in both developed and developing countries. Related research covers FDI and taxation issues and the links between environmental policy and trade. He has acted as a consultant to the OECD, the UN Food and Agricutlure Organisation, the EU Commission and the UK's Department of Environment, Food and Rural Affairs (Defra). For the latter, his research has informed the development of bespoke tools for forecasting UK food price inflation. He has received funding from the EU (most notably the Transparency of Food Pricing (TRANSFOP) project, a €1 Million EU-wide project  involving 13 universities and research institutes across 10 EU countries), the BBSRC and ESRC and served on the advisory panel of the UK's recent National Food Strategy.

Professor McCorriston was previously Editor of the European Review of Agricultural Economics  and has previously served as an Associate Editor of the American Journal of Agricultural Economics. He has presented his research widely including invited papers throughout Europe, North America and China. His research has been published widely and in 2008 was awarded the “Quality of Policy Contribution” prize for his paper with Donald MacLaren (University of Melbourne) for his paper on state trading published in the European Economic Review. He was made Fellow of the European Association of Agricultural Economists in 2021.

He was Head of the Department of Economics at the Business School from 2005 to 2011 and has previously served as Director for Research. 

Nationality: British

Qualifications

BA (Strath), MSc (R'dg)

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Publications

Books

McCorriston S (2015). Food Price Dynamics and Price Adjustment in the EU., Oxford University Press, USA. Abstract.

Journal articles

McCorriston S, MacLaren D (In Press). Market Intermediaries, Storage and Policy Reforms. Journal of Agricultural Economics Abstract.
McCorriston S, Lloyd TA, Poen E, Morgan W (In Press). Retail Price Dynamics and Retailer Heterogeneity: UK Evidence. Economics Letters
McCorriston S (In Press). Retailer Heterogeneity and Price Transmission. American Journal of Agricultural Economics
Davidson JEH, Halunga AG, Lloyd R, McCorriston S, Morgan W (In Press). World Commodity Prices and Domestic Retail Food Inflation: Some Insights from the UK. Journal of Agricultural Economics Abstract.
Cullen P, McCorriston S, Thompson A (2021). The “Big Survey”: Decolonisation, Development and the First Wave of NGO Expansion in Africa After 1945. The International History Review, 44(4), 721-750.
Lin H, Lloyd T, McCorriston S (2020). An Odd Crisis: Covid-19 and UK Food Prices. EuroChoices, 19(3), 42-48. Abstract.
McCorriston S, MacLaren D (2016). Food security, welfare, and partial de-regulation of parastatals. Oxford Economic Papers, 68(3), 836-856. Abstract.
Herger N, McCorriston S (2016). Horizontal, Vertical, and Conglomerate Cross-Border Acquisitions. IMF Economic Review, 64(2), 319-353.
McCorriston S, MacLaren D (2016). Parastatals as instruments of government policy: the Food Corporation of India. Food Policy, 65, 53-62.
Herger N, Kotsogiannis C, McCorriston S (2015). Multiple taxes and alternative forms of FDI: evidence from cross-border acquisitions. International Tax and Public Finance Abstract.
Lloyd TA, McCorriston S, Morgan CW, Poen E, Zgovu E (2014). Retail price dynamics and retailer heterogeneity: UK evidence. Economics Letters, 124(3), 434-438. Abstract.
Lloyd TA, McCorriston S, Poen E, Zgovu E (2014). Retailer Heterogeneity and Price Dynamics: Scanner Data Evidence from UK Food Retailing. Economics Letters, 124, 434-438. Abstract.
McCorriston S, MacLaren D (2013). Domestic and Trade Equivalences of State Trading Importers. Review of International Economics, 21(5), 1006-1020.
Lloyd T, McCorriston S, Morgan W, Zgovu E (2013). European Retail Food Price Inflation. EuroChoices, 12(2), 37-44. Abstract.
Finus M, Kotsogiannis C, McCorriston S (2013). International coordination on climate policies. Journal of Environmental Economics and Management, 66(2), 159-165. Abstract.
McCorriston S, Herger N (2013). On discrete location choice models. Economics Letters(2), 288-291. Abstract.
McCorriston S, MacLaren D (2013). Re-Distribution, State Trading Enterprises and 'Politically Optimal' Tariffs. Review of International Economics, 46(4), 1351-1379.
McCorriston S, MacLaren D (2013). State trading, exclusive rights and 'politically optimal' tariffs. Canadian Journal of Economics, 46(6), 1351-1379.
Finus M, Kotsogiannis C, McCorriston S (2013). The International Dimension of Climate Change Policy. Environmental and Resource Economics, 56(2), 151-160.
Finus M, Kotsogiannis C, McCorriston S (2013). The International Dimension of Climate Change Policy Introduction. Environmental and Resource Economics, 56(2), 151-160.  Author URL.
McCorriston S, MacLaren D (2012). State Trading Enterprises as Non‐Tariff Measures: Theory, Evidence, and Future Research Directions. Applied Economic Perspectives and Policy, 34(4), 696-723. Abstract.
McCorriston S (2011). Competition, Agricultural Trade Reform and Developing Countries. Margin: the Journal of Applied Economic Research, 5(1), 31-46. Abstract.
McCorriston S, Sheldon I (2011). Tariff (De-) Escalation with Successive Oligopoly. Review of Development Economics, 15(4), 587-600. Abstract.
McCorriston S, Maclaren D (2010). The Trade and Welfare Effects of State Trading in China with Reference to COFCO. World Economy, 33(4), 615-632.
Dreher A, Kotsogiannis C, McCorriston S (2009). How do institutions affect corruption and the shadow economy?. International Tax and Public Finance, 16, 773-796.
Kotsogiannis C, Dreher A, McCorriston S (2009). How do institutions affect corruption and the shadow economy?. International Tax and Public Finance, 16, 773-796.
Herger N, Kotsogiannis C, McCorriston S (2008). Cross-border acquisitions in the global food sector. European Review of Agricultural Economics, 35(4), 563-587. Abstract.
McCorriston S (2008). Estimating Market Power and Strategies. European Review of Agricultural Economics, 35(4), 595-598.
McCorriston S, MacLaren D (2008). State Trading Enterprises as an Impediment to Market Access. Review of International Economics, 16(3), 431-443.
McCorriston S, MacLaren D (2008). State Trading Enterprises as an Impediment to Market Access. Review of International Economics, 16(3), 431-443.
Sexton RJ, Sheldon I, McCorriston S, Wang H (2007). Agricultural trade liberalization and economic development: the role of downstream market power. Agricultural Economics, 36(2), 253-270. Abstract.
Dreher A, Kotsogiannis C, McCorriston S (2007). Corruption around the world: Evidence from a structural model. , 35(3), 443-466.
Dreher A, Kotsogiannis C, McCorriston S (2007). Corruption around the world: Evidence from a structural model. Journal of Comparative Economics, 35(3), 443-466. Abstract.
McCorriston S, MacLaren D (2007). De-Regulation as (Welfare-Reducing) Trade Reform: the Case of the Australian Wheat Board. American Journal of Agricultural Economics, 89(3), 637-650.
McCorriston S, MacLaren D (2007). Do state trading exporters distort trade?. European Economic Review, 51(1), 225-246.
Lloyd TA, McCorriston S, Morgan CW, Rayner AJ (2006). Food scares, market power and price transmission: the UKBSE crisis. European Review of Agricultural Economics, 33(2), 119-147. Abstract.
Mccorriston S, Sheldon I (2005). Export competition and the remission of domestic environmental taxes. International Tax and Public Finance, 12(5), 627-637. Abstract.
McCorriston S, Gregory A (2005). Foreign Acquisition by UK Limited Companies: Short and Long-Run Performance. Journal of Empirical Finance, 12(1), 99-125.
Gregory A, McCorriston S (2005). Foreign Acquisitions by UK Limited Companies: Short and Long-Run Performance. Journal of Empirical Finance
McCorriston S, MacLaren D (2005). Single Desk State Trading Exporters. European Journal of Political Economy, 21(2), 503-524.
McCorriston S, Sheldon IM (2005). The Non-Neutrality of Border Tax Adjustments for Environmental Taxes Under Imperfect Competition. Journal of Public Economic Theory
McCorriston S, MacLaren D (2005). The trade distorting effect of state trading enterprises in importing countries. European Economic Review, 49(7), 1693-1715.
Giulietti M, Mccorriston S, Osborne P (2004). Foreign direct investment in the UK: evidence from a disaggregated panel of the UK food sector. Applied Economics, 36(7), 653-663. Abstract.
McCorriston S (2003). Handbook of agricultural economics: Vol 1B, Marketing and distribution. Journal of Agricultural Economics, 54(2), 345-350.
Cho G, Sheldon I, McCorriston S (2002). Exchange Rate Uncertainty and Agricultural Trade. American Journal of Agricultural Economics, 84(4), 931-942.
McCorriston S (2002). Market Structure Issues and the Evaluation of the Reform of the EU Banana Regime. The World Economy, 23(7), 923-937.
McCorriston S, MacLaren D (2002). State Trading, the WTO and GATT Article XVII. The World Economy, 25(1), 107-135.
Sheldon IM, Pick DH, McCorriston S (2001). Export subsidies and profit-shifting in vertical markets. Journal of Agricultural and Resource Economics, 26(1), 125-141. Abstract.
McCorriston S, Morgan CW, Rayner AJ (2001). Price transmission: the interaction between market power and returns to scale. European Review of Agricultural Economics, 28(2), 143-159. Abstract.
McCorriston S, Morgan CW, Rayner AJ (1998). Processing technology, market power and price transmission. Journal of Agricultural Economics, 49(2), 185-201. Abstract.
McCorriston S, Sheldon IM (1997). The (non-)equivalence of tariffs and quantity restraints as 'rent-shifting' policies. Canadian Journal of Economics-Revue Canadienne d Economique, 30(4B), 1220-1233. Abstract.
McCorriston S (1996). Import quota licenses and market power. American Journal of Agricultural Economics, 78(2), 367-372. Abstract.
McCorriston S, Sheldon IM (1996). The effects of vertical markets on trade policy reform. Oxford Economic Papers, 48(4), 664-672. Abstract.
McCorriston S, Sheldon IM (1994). Selling import quota licenses - the United States cheese case. American Journal of Agricultural Economics, 76(4), 818-827. Abstract.
McCorriston S (1993). Does government intervention matter in commodity market models?. Journal of Policy Modeling, 15(4), 415-426.
McCorriston S, Sheldon I (1993). Optimal trade policies - an application to the UK fertilizer market. Oxford Economic Papers, 45(1), 118-129. Abstract.
McCorriston S (1993). Rebalancing EC cereals protection and the Gatt Uruguay round. Journal of Agricultural Economics, 44(1), 14-24. Abstract.
McCORRISTON STEVE (1993). The welfare implications of oligopoly in agricultural input markets. European Review of Agricultural Economics, 20(1), 1-17.
McCorriston S, Sheldon IM (1992). Policy-induced capacity constraints and strategic interaction in processed food markets. Journal of Agricultural Economics, 43(2), 149-159. Abstract.
McCorriston S, Sheldon IM (1991). Government Intervention in Imperfectly Competitive Agricultural Input Markets. American Journal of Agricultural Economics, 73(3), 621-632. Abstract.
McCorriston S, Sheldon I (1989). Measuring patterns of intra-industry specialization within the EC. Scottish Journal of Political Economy, 36(1), 96-102.
McCorriston S, Sheldon I (1989). The welfare implications of nitrogen limitation policies. Journal of Agricultural Economics, 40(2), 143-151.
McCorriston S, Sheldon IM (1989). Trade and welfare effects of EC accession on the UK agricultural supply industries. Journal of Agricultural Economics, 40(3), 302-313.
McCorriston S, Sheldon I (1988). Estimating the effects of anti-dumping policies on the UK fertilizer market. American Journal of Agricultural Economics, 70(5), 1199-1199.

Chapters

Lloyd TA, McCorriston S, Morgan CW (2015). Food inflation in the EU: contrasting experience and recent insights. In  (Ed) Food Price Dynamics and Price Adjustment in the EU, Oxford University Press, USA. Abstract.
McCorriston S (2015). Summing up: new insights and the emerging policy and research agenda for addressing food price inflation. In McCorriston S (Ed) Food Price Dynamics and Price Adjustment in the EU, Oxford: Oxford University Press.
McCorriston S (2012). Commodity prices, government policies and competition. In Evenett S, Jenny F (Eds.) Trade, Competition and the Pricing of Commodities, London: Centre for Economic Policy Research.
Dreher A, Kotsogiannis C, McCorriston S (2011). Chapter 13: the Impact of Institutions on the Shadow Economy and Corruption: a Latent Variables Approach. In  (Ed) Handbook on the Shadow Economy, Edward Elgar Publishing.
Dreher A, McCorriston S (2011). The impact of institutions on the shadow economy and corruption: a latent methodology approach. In  (Ed) , Edward Elgar.
McCorriston S (2006). Imperfect Competition and International Agricultural Markets. In Sarris A, Hallam S (Eds.) Agricultural Commodity Markets and Trade: New Approaches to Analyzing Market Structure and Instability, Edward Elgar Pub. Abstract.
McCorriston S, MacLaren D (2005). Domestic Market Structure and Trade: Modelling the Impact of Trade-Distorting State Trading Enterprises. In Jayasuria S (Ed) Trade Theory and Analytical Models: Festschrift in honour of Peter Lloyd, Edward Elgar Publishing.

Conferences

Lloyd T, McCorriston S, Morgan CW, Rayner AJ (2001). The impact of food scares on price adjustment in the UK beef market.  Author URL.

Reports

Davidson J, Lin H, Lloyd T, McCorriston S, Morgan W (2021). Retail Food Price Modelling Project_Report for Defra.
Challinor A, Adger N, Di Mauro M, Baylis M, Benton T, Conway D, Depledge D, Geddes A, McCorriston S, Stringer L, et al (2016). UK Climate Change Risk Assessment Evidence Report: Chapter 7, International Dimensions. London, Adaptation Sub-Committee of the Committee on Climate Change.

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External Engagement and Impact

Awards and Honours

  • Quality of Policy Contribution Award 2007, European Association of Agricultural Economists

Conferences and invited presentations

  • Several including keynote and plenary papers at conferences in the US and Europe.

External positions

  • Editor, European Review of Agricultural Economics, (2011-2017)
  • Member, Editorial Board, European Review of Agricultural Economics, (2000-2011)
  • Associate Editor, American Journal of Agricultural Economics, (2002-2006)
  • Chair of the Programme Committee, European Association of Agricultural Economists, tri-annual Meeting, Zurich (2011)

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Teaching

  • International Economics

Professor McCorriston is currently teaching the 3rd module International Economics. He has also taught International Economics on the MSc degree and a module on ‘Commodity Futures Markets’.

Modules

2023/24


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