IDEAS home Printed from https://ideas.repec.org/p/ags/saea17/252774.html
   My bibliography  Save this paper

The Impact of Changes in Commodity Prices on Household Welfare in Rural Burkina Faso

Author

Listed:
  • Nakelse, Tebila
  • Dalton, Timothy
  • Hendricks, Nathan
  • Kabore, Moussa

Abstract

We use unique panel data to estimate the effect of an increase in the price of food commodities on household welfare in Burkina Faso. Our analysis includes the negative impacts on households as food consumers, as well as the positive impacts as food producers to estimate their net welfare change. The data were collected each year by the Burkina Faso Ministry of Agriculture and Food Security, which covered periods of food price crises. To evaluate the welfare effect of the price shocks, we first estimate demand and supply responses and then derive the net welfare change at the household and country level. Overall, the price shocks are associated with a gain in the rural household welfare because the producer’s effect outweighed the consumer’s effect.

Suggested Citation

  • Nakelse, Tebila & Dalton, Timothy & Hendricks, Nathan & Kabore, Moussa, 2017. "The Impact of Changes in Commodity Prices on Household Welfare in Rural Burkina Faso," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252774, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea17:252774
    DOI: 10.22004/ag.econ.252774
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/252774/files/Nakelse_et_al_SAEA_2017.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.252774?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Joseph V. Balagtas & Humnath Bhandari & Ellanie R. Cabrera & Samarendu Mohanty & Mahabub Hossain, 2014. "Did the commodity price spike increase rural poverty? Evidence from a long-run panel in Bangladesh," Agricultural Economics, International Association of Agricultural Economists, vol. 45(3), pages 303-312, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Akhter U. Ahmed & Salauddin Tauseef, 2022. "Climbing up the Ladder and Watching Out for the Fall: Poverty Dynamics in Rural Bangladesh," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 160(1), pages 309-340, February.
    2. Headey, Derek D. & Hoddinott, John, 2016. "Agriculture, nutrition and the green revolution in Bangladesh," Agricultural Systems, Elsevier, vol. 149(C), pages 122-131.
    3. G.M. Monirul Alam & Khorshed Alam & Shahbaz Mushtaq, 2018. "Drivers of Food Security of Vulnerable Rural Households in Bangladesh," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 19(1), pages 43-63, March.
    4. Christian Elleby, 2014. "Poverty and Price Transmission," IFRO Working Paper 2015/01, University of Copenhagen, Department of Food and Resource Economics.
    5. Khondoker Abdul Mottaleb & Mohammed Mainuddin & Tetsushi Sonobe, 2020. "COVID-19 induced economic loss and ensuring food security for vulnerable groups: Policy implications from Bangladesh," PLOS ONE, Public Library of Science, vol. 15(10), pages 1-20, October.
    6. Md. Alamgir Hossain & Mohammad Abdul Malek & Zhengfei Yu, 2023. "Impact of Rural Credit on Household Welfare: Evidence from a Long-Term Panel in Bangladesh," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 40(02), pages 363-397, September.
    7. Iqbal, Md Zabid, 2018. "The Effects of 2016-2017 Rice Price Increase on Household Welfare and Poverty in Rural Bangladesh," 2018 Annual Meeting, August 5-7, Washington, D.C. 273884, Agricultural and Applied Economics Association.
    8. Juhee Singh Verma & Pritee Sharma, 2021. "Vulnerability of Small Farmers to High Food Prices – A Case Study of Indian Farmers," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 74-88.
    9. Mottaleb, K. & Erenstein, O., 2018. "Gender Differentiated Impacts of Commodity Price Shocks on Households’ Consumption Behavior: A Natural Experiment," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 275915, International Association of Agricultural Economists.
    10. Md Zabid Iqbal, 2019. "The Effects of a Large Rice Price Increase on Household Welfare and Poverty in Rural Bangladesh," Economics Bulletin, AccessEcon, vol. 39(1), pages 295-309.
    11. Malek, Mohammad Abdul & Kikkawa, Aiko & Azad, Abul Kalam & Sawada, Yasuyuki, 2022. "Rural Development in Bangladesh Over Four Decades: Findings from Mahabub Hossain Panel Data and the Way Forward," ADBI Working Papers 1350, Asian Development Bank Institute.

    More about this item

    Keywords

    Consumer/Household Economics; Demand and Price Analysis; International Development; Marketing;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:saea17:252774. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.