On the costs of food price fluctuations in low-income countries
Conventional welfare measures of the costs of food price fluctuations in low-income countries are extended to allow for both economic growth and food security effects. The analysis reveals that growth and food security effects may dominate more conventional welfare costs of food price fluctuations,...
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Veröffentlicht in: | Food policy 2006-08, Vol.31 (4), p.288-301 |
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description | Conventional welfare measures of the costs of food price fluctuations in low-income countries are extended to allow for both economic growth and food security effects. The analysis reveals that growth and food security effects may dominate more conventional welfare costs of food price fluctuations, although estimating the empirical magnitude of the effects is hampered by the lack of consensus on the extent to which food price fluctuations actually reduce economic growth and food security. Even if the welfare costs of food price fluctuations are high there are many challenges to the design and successful implementation of price stabilization schemes. |
doi_str_mv | 10.1016/j.foodpol.2006.03.005 |
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The analysis reveals that growth and food security effects may dominate more conventional welfare costs of food price fluctuations, although estimating the empirical magnitude of the effects is hampered by the lack of consensus on the extent to which food price fluctuations actually reduce economic growth and food security. Even if the welfare costs of food price fluctuations are high there are many challenges to the design and successful implementation of price stabilization schemes.</description><subject>developing countries</subject><subject>economic development</subject><subject>food policy</subject><subject>Food price fluctuations</subject><subject>food prices</subject><subject>Food security</subject><subject>Growth</subject><subject>Stabilization</subject><subject>Welfare</subject><subject>welfare economics</subject><issn>0306-9192</issn><issn>1873-5657</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2006</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><recordid>eNqFkEtr3TAQhUVpoLdpfkKoV93ZHUl-rkIJTR8EsmiyHmRp1Ojia7mSnJJ_X7kO3RY0EojvHM4cxi45VBx4-_FYWe_N4qdKALQVyAqgecUOvO9k2bRN95odQEJbDnwQb9jbGI8AIKCGA7u6m4v0SIX2McXC22KzKpbgNBV2WnVaVXJ-joWbi8n_Lt2s_WnD1zkFR_EdO7NqinTx8p6zh5vP99dfy9u7L9-uP92Wum5FKse6VWC0VJKPpLqxyVF6Ube94aOta2GlGoceqNEjdfVgZNMbURtu8hnN0Mlz9mH3XYL_tVJMeHJR0zSpmfwaUUDTdUJsYLODOvgYA1nMy5xUeEYOuNWFR3ypC7e6ECTmurLu-64LtJD-JyKio82swyfc0ufrOc9fpVQuT51n2b76HiVwfEynbPZ-N7PKo_oZXMSHHwK4BOjyej1k4monKJf25Chg1I5mTcYF0gmNd_8J_AdD8JjY</recordid><startdate>20060801</startdate><enddate>20060801</enddate><creator>Myers, Robert J.</creator><general>Elsevier Ltd</general><general>Elsevier</general><scope>FBQ</scope><scope>DKI</scope><scope>X2L</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7ST</scope><scope>7U6</scope><scope>C1K</scope></search><sort><creationdate>20060801</creationdate><title>On the costs of food price fluctuations in low-income countries</title><author>Myers, Robert J.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c462t-b46a0dc3a31bea7b591982468d1bf442f3ab980e5cbe749d358d24d1dd1dbd973</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2006</creationdate><topic>developing countries</topic><topic>economic development</topic><topic>food policy</topic><topic>Food price fluctuations</topic><topic>food prices</topic><topic>Food security</topic><topic>Growth</topic><topic>Stabilization</topic><topic>Welfare</topic><topic>welfare economics</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Myers, Robert J.</creatorcontrib><collection>AGRIS</collection><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>Environment Abstracts</collection><collection>Sustainability Science Abstracts</collection><collection>Environmental Sciences and Pollution Management</collection><jtitle>Food policy</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Myers, Robert J.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>On the costs of food price fluctuations in low-income countries</atitle><jtitle>Food policy</jtitle><date>2006-08-01</date><risdate>2006</risdate><volume>31</volume><issue>4</issue><spage>288</spage><epage>301</epage><pages>288-301</pages><issn>0306-9192</issn><eissn>1873-5657</eissn><abstract>Conventional welfare measures of the costs of food price fluctuations in low-income countries are extended to allow for both economic growth and food security effects. 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subjects | developing countries economic development food policy Food price fluctuations food prices Food security Growth Stabilization Welfare welfare economics |
title | On the costs of food price fluctuations in low-income countries |
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