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Author: John M. Ulimwengu, Sindu Workneh, Zelekawork Paulos Publisher: Intl Food Policy Res Inst ISBN: Category : Social Science Languages : en Pages : 24
Book Description
"Previous studies implicitly assume uniform price-effects across regions or provinces within countries. They also do not address the issue of integration between the world food market and local markets. Instead, they assume a complete transmission of changes in world food prices to local food prices. In this paper, we first establish evidence of regional price heterogeneity across Ethiopia. We also applied the Johansen test for market integration over 95 local maize markets and found that none of the Ethiopian regional markets for maize is integrated to the world market. However, there is significant short-term price effects between the world maize market and some Ethiopian regional markets. Using the Almost Ideal Demand System, we estimate loss in household consumption and calorie intake as induced by food price increases. The results suggest a great deal of heterogeneity across regions as well as between rural and urban areas. Studies that fail to account for the characteristics of household demand across locations are more likely to induce misleading policy recommendations."--Authors' abstract.
Author: John M. Ulimwengu, Sindu Workneh, Zelekawork Paulos Publisher: Intl Food Policy Res Inst ISBN: Category : Social Science Languages : en Pages : 24
Book Description
"Previous studies implicitly assume uniform price-effects across regions or provinces within countries. They also do not address the issue of integration between the world food market and local markets. Instead, they assume a complete transmission of changes in world food prices to local food prices. In this paper, we first establish evidence of regional price heterogeneity across Ethiopia. We also applied the Johansen test for market integration over 95 local maize markets and found that none of the Ethiopian regional markets for maize is integrated to the world market. However, there is significant short-term price effects between the world maize market and some Ethiopian regional markets. Using the Almost Ideal Demand System, we estimate loss in household consumption and calorie intake as induced by food price increases. The results suggest a great deal of heterogeneity across regions as well as between rural and urban areas. Studies that fail to account for the characteristics of household demand across locations are more likely to induce misleading policy recommendations."--Authors' abstract.
Author: Nicholas Minot Publisher: Intl Food Policy Res Inst ISBN: Category : Social Science Languages : en Pages : 32
Book Description
In the wake of the global food crisis of 200708 and additional price spikes since then, greater attention has been given to the welfare impact of food price increases in developing countries. The standard approach in this type of analysis, proposed by Deaton (1989), is based on income and expenditure data from household surveys. Given the widespread use of this method, it is important to revisit the assumptions behind it and examine the sensitivity of results to those assumptions. In this paper, we explore the distributional impact of higher maize, rice, and food prices in Ghana and analyze the robustness of those results to changes in several key assumptions. The results suggest that higher maize and rice prices have a relatively modest short-term impact on national poverty but significant effects on specific groups of households. As expected, urban households lose from higher grain prices, but a surprisingly large share of rural households also lose because they are net buyers. The results also suggest that the current policy of protecting domestic rice producers with an import tax does not contribute to national poverty reduction, in spite of the fact that rice growers tend to be poor. If we relax the assumption that households do not respond to the higher prices, the effects are more positive or less negative, but only modestly so. On the other hand, if we relax the assumption that producer and consumer prices rise by the same proportion, and instead assume a constant marketing margin, the results change substantially. Because producer prices now rise by a larger proportion than consumer prices, the impact of higher prices is much more positive. These findings highlight the need for more research on the effect of price spikes on marketing margins.
Author: Food and Agriculture Organization of the United Nations Publisher: Food & Agriculture Org. ISBN: 9251320519 Category : Technology & Engineering Languages : en Pages : 104
Book Description
In the 2017 and 2018 editions of the Africa Regional Overview of Food Security and Nutrition, FAO reported that the prevalence of undernourishment was rising in the region. The latest data shows that the deterioration has slowed, but there remain 256 million hungry people in Africa today. The report further documents that although many African countries are making progress towards reducing malnutrition, progress is too slow to meet six key nutrition targets, which form part of the Sustainable Development Goals (SDGs) monitoring framework and the World Health Assembly global nutrition targets. Food insecurity has been rising in Africa in recent years and the continent is not on track to eliminate hunger by 2030. The 2017, 2018 and this year’s report identify and report in detail on conflict, climate extremes and economic slowdowns and downturns as the key drivers of the rise in food insecurity. In most cases, the economic slowdowns and downturns that contributed to rising undernourishment in 2014–2018 were the result of commodity price falls. Many effective policy tools are available, but their adoption will depend on the availability of fiscal space to effect the desired policy action. In the longer-term, countries must develop policies and invest to achieve a more diversified economy and achieve an inclusive structural transformation. However, sustained economic growth is not enough: reducing inequalities, including gender-based and spatial inequalities, is essential to strengthening household resilience, laying the path to inclusive growth and reducing food insecurity and tackling the multiple forms of malnutrition.
Author: Per Pinstrup-Andersen Publisher: Oxford University Press (UK) ISBN: 0198718578 Category : Business & Economics Languages : en Pages : 545
Book Description
Since 2006, global food prices have fluctuated greatly around an increasing trend and price spikes were observed for key food commodities such as rice, wheat, and maize.
Author: Julie Schaffner Publisher: John Wiley & Sons ISBN: 0470599391 Category : Business & Economics Languages : en Pages : 695
Book Description
Development Economics: Theory, Empirical Research, and Policy Analysis by Julie Schaffner teaches students to think about development in a way that is disciplined by economic theory, informed by cutting-edge empirical research, and connected in a practical way to contemporary development efforts. It lays out a framework for the study of developing economies that is built on microeconomic foundations and that highlights the importance in development studies of transaction and transportation costs, risk, information problems, institutional rules and norms, and insights from behavioral economics. It then presents a systematic approach to policy analysis and applies the approach to policies from around the world, in the areas of targeted transfers, workfare, agricultural markets, infrastructure, education, agricultural technology, microfinance, and health.
Author: Anthony N. Rezitis Publisher: Bentham Science Publishers ISBN: 1608052435 Category : Business & Economics Languages : en Pages : 176
Book Description
The aim of the Ebook series of Research Topics in Agricultural & Applied Economics (RTAAE) is to publish high quality economic researches applied to both the agricultural and non-agricultural sectors of the economy. The subject areas of this Ebook series include, among others, supply and demand analysis, technical change and productivity, industrial organization, labor economics, growth and development, environmental economics, marketing, business economics and finance. By covering a broad variety of economic research topics, this Ebook series should prove to be of considerable interest to a w.
Author: Kwadwo Asenso-Okyere, Sindu Workneh, Edward Rhodes, and John Sutherland Publisher: Intl Food Policy Res Inst ISBN: Category : Social Science Languages : en Pages : 69
Author: Márcia Maria Guedes Alcoforado de Moraes, Ximing Cai, Claudia Ringler, Bruno Edson Albuquerque, Sérgio P. Vieira da Rocha, and Carlos Alberto Amorim Publisher: Intl Food Policy Res Inst ISBN: Category : Social Science Languages : en Pages : 32
Author: Marc J. Cohen Publisher: Routledge ISBN: 1317979079 Category : Business & Economics Languages : en Pages : 339
Book Description
This book examines the effects of high and volatile food prices during 2007-08 on low-income farmers and consumers in developing, transition, and industrialized countries. Previous studies of this crisis have mostly used models to estimate the likely impacts. This volume includes actual evidence from the field as to how higher prices affected access to food and farm income among poor people. In addition to country and regional case studies, the book presents discussions of cross-cutting themes, including gender, risk management, violence, the importance of subsistence farming as a coping strategy, and the role of governments and markets in addressing higher prices. With 2011 witnessing an unprecedentedly high level of food prices, the findings and policy recommendations presented here should prove useful to both scholars and policy makers in understanding the causes and consequences, as well as the policies needed to ensure food security in light of the skyrocketing cost of food. This book was published as a special double issue of Development in Practice.
Author: John M. Ulimwengu, Sindu Workneh, Zelekawork Paulos
Author: John M. Ulimwengu, Sindu Workneh, Zelekawork Paulos
Author: Nicholas Minot
Author: Food and Agriculture Organization of the United Nations
Author: Per Pinstrup-Andersen
Author: Julie Schaffner
Author: Anthony N. Rezitis
Author: Kwadwo Asenso-Okyere, Sindu Workneh, Edward Rhodes, and John Sutherland
Author: Márcia Maria Guedes Alcoforado de Moraes, Ximing Cai, Claudia Ringler, Bruno Edson Albuquerque, Sérgio P. Vieira da Rocha, and Carlos Alberto Amorim
Author: John M. Ulimwengu
Author: Marc J. Cohen