Welfare impacts of increasing food prices in Mexico: an application of unrestricted Engel curves and LA/EASI demand system
AbstractThis paper examines the impacts of rising food prices on welfare of Mexican households by using LA/EASI demand system. Estimated welfare effects from food price increases differ considerably for two reference households. Lower-income reference household’s welfare loss, from a tortilla price increase, is two-fold that on higher-income reference household. This fact may have implications on food poverty.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida with number 143057.
Date of creation: 2013
Date of revision:
Food Prices; Welfare Analysis; EASI Demand System; Mexico.; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Security and Poverty;
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- Maros Ivanic & Will Martin, 2008. "Implications of higher global food prices for poverty in low-income countries-super-1," Agricultural Economics, International Association of Agricultural Economists, vol. 39(s1), pages 405-416, November.
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