Short- and Long-Run Impacts of Food Price Changes on Poverty

• Tác giả: Maros Ivanic
• Ngôn ngữ: eng
• Ký hiệu phân loại: 362.57 Measures to prevent, protect against, limit effects of poverty
• Thông tin xuất bản: World Bank Group, Washington, DC, 2014
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 292135
• Chủ đề: 1. ADVERSE IMPACTS; 2. AGGREGATE POVERTY; 3. AGRICULTURAL ACTIVITIES; 4. AGRICULTURAL ECONOMICS; 5. AGRICULTURAL LAND

Tóm tắt

This study uses household models based on detailed expenditure and agricultural production data from 31 developing countries to assess the impacts of changes in global food prices on poverty in individual countries and for the world as a whole. The analysis finds that food price increases unrelated to productivity changes in developing countries raise poverty in the short run in all but a few countries with broadly-distributed agricultural resources. This result is primarily because the poor spend large shares of their incomes on food and many poor farmers are net buyers of food. In the longer run, two other important factors come into play: poor workers are likely to benefit from increases in wage rates for unskilled workers from higher food prices, and poor farmers are likely to benefit from higher agricultural profits as they raise their output. As a result, higher food prices appear to lower global poverty in the long run.