A right price for rice? Côte d’Ivoire insights into the welfare implications of the ‘global food crisis’
AbstractAbstract Using 2008 LSMS data for Côte d’Ivoire, we study the welfare implications of the price increase of key imported staple food – rice – and consider the consumption smoothing effect of locally produced food and cash crop varieties. While middle-income households are found to be hardest hit by a price shock, the poorest appear to be immune to it. When both cash and food crop production is taken into account, the negative impact becomes negligible. We find interesting income reallocations from richer to poorer households, which can potentially be generalised across similar African countries.
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Bibliographic InfoPaper provided by BWPI, The University of Manchester in its series Brooks World Poverty Institute Working Paper Series with number 17212.
Date of creation: 2012
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-AFR-2012-06-13 (Africa)
- NEP-AGR-2012-06-13 (Agricultural Economics)
- NEP-ALL-2012-06-13 (All new papers)
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