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Development of a Consistent Food Security Index

Author

Listed:
  • Yang, Seung-Ryong
  • Kim, Wonyong

Abstract

This study developed a food security index that is consistent with four principles: boundedness, reliability, duplicability, and applicability. The index is called KUFSI which is easy to interpret and comparable. The KUFSI is composed of three components: physical, economic, and market component. The KUFSI is calculated in quantity term as well as in calorie term. The KUFSI measures a country‟s capability of accessing to food needed as a whole. The capability can be compared across time and with other countries. The index can also be used to build early warning systems for individual countries.

Suggested Citation

  • Yang, Seung-Ryong & Kim, Wonyong, 2011. "Development of a Consistent Food Security Index," 2011 ASAE 7th International Conference, October 13-15, Hanoi, Vietnam 290620, Asian Society of Agricultural Economists (ASAE).
    • Handle: RePEc:ags:asae11:290620
    DOI: 10.22004/ag.econ.290620
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