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The price of protein

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  • Subir Gokarn

Abstract

The paper examines micro-level price dynamics of the major dietary sources of protein in India, based on demand-supply fundamentals. As levels of affluence increase, the demand for proteins increases. But some categories show a long-term decline in availability, others show volatile growth due to structural imbalance between demand and supply, raising the prospect of price surges. Persistent price increases in commodities for which there are no effective substitutes raise wages and the potential rate of inflation over a period of time, warranting a monetary tightening. To the extent diets are affected human resources are weakened. Improving the agricultural supply response is urgent.

Suggested Citation

  • Subir Gokarn, 2011. "The price of protein," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 4(2), pages 327-335, July.
    • Handle: RePEc:taf:macfem:v:4:y:2011:i:2:p:327-335
    DOI: 10.1080/17520843.2011.593908
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    Cited by:

    1. Ashima Goyal, 2014. "Macroeconomic Policy: Implications for Inclusive Growth," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 8(4), pages 353-373, November.
    2. Ball, Laurence & Chari, Anusha & Mishra, Prachi, 2016. "Understanding Inflation in India," India Policy Forum, National Council of Applied Economic Research, vol. 12(1), pages 1-45.
    3. Bhattacharya, Rudrani & Chowdhury, Sabarni, 2021. "How effective is e-NAM in integrating food commodity prices in India? Evidence from Onion Market," Working Papers 21/336, National Institute of Public Finance and Policy.
    4. Sudha Narayanan & Shree Saha, 2020. "Take home rations (THR) and cash transfers for maternal and child nutrition: A Synthesis of evidence in India," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2020-039, Indira Gandhi Institute of Development Research, Mumbai, India.
    5. Rudrani Bhattacharya & Abhijit Sen Gupta, 2017. "What Role Did Rising Demand Play in Driving Food Prices Up?," South Asian Journal of Macroeconomics and Public Finance, , vol. 6(1), pages 59-81, June.
    6. Bhattacharya, Rudrani, 2016. "How does Supply Chain Distortion affect Food Inflation in India?," Working Papers 16/173, National Institute of Public Finance and Policy.
    7. Pradeep, Siddhartha, 2022. "Impact of diesel price reforms on asymmetricity of oil price pass-through to inflation: Indian perspective," The Journal of Economic Asymmetries, Elsevier, vol. 26(C).
    8. Andaleeb Rahman, 2012. "Characterizing food prices in India," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2012-022, Indira Gandhi Institute of Development Research, Mumbai, India.
    9. Rudrani Bhattacharya, 2016. "How does Supply Chain Distortion affect Food Inflation in India?," Working Papers id:11261, eSocialSciences.

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