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Food Security Policy in a Stochastic World

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  • Adelman, Irma
  • Berck, Peter
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    Abstract

    Food security may be increased by variance-reducing strategies, by food aid, or by development strategies. This paper uses a Korea CGE model, subjected to random fluctuation in world-prices and domestic food productivity, to evaluate these policies. We find that poverty-reducing development strategies are the most effective food-security strategies.

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    File URL: http://www.escholarship.org/uc/item/2mc7132p.pdf;origin=repeccitec
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    Bibliographic Info

    Paper provided by Department of Agricultural & Resource Economics, UC Berkeley in its series Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series with number qt2mc7132p.

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    Date of creation: 01 Feb 1989
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    Handle: RePEc:cdl:agrebk:qt2mc7132p

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    Related research

    Keywords: agricultural policies; food aid; prices; risk; stochastic models;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Johnson, D. Gale, 1976. "Increased stability of grain supplies in developing countries: Optimal carryovers and insurance," World Development, Elsevier, vol. 4(12), pages 977-987, December.
    2. Gavan, James D. & Sri Chandrasekera, Indrani, 1979. "The impact of public foodgrain distribution on food consumption and welfare in Sri Lanka:," Research reports 13, International Food Policy Research Institute (IFPRI).
    3. Adelman, Irma & Robinson, Sherman, 1988. "Macroeconomic adjustment and income distribution : Alternative models applied to two economies," Journal of Development Economics, Elsevier, vol. 29(1), pages 23-44, July.
    4. Kumar, Shubh K., 1979. "Impact of subsidized rice on food consumption and nutrition in Kerala:," Research reports 5, International Food Policy Research Institute (IFPRI).
    5. Wright, Brian D & Williams, Jeffrey C, 1982. "The Economic Role of Commodity Storage," Economic Journal, Royal Economic Society, vol. 92(367), pages 596-614, September.
    6. Adelman, Irma, 1984. "Beyond export-led growth," CUDARE Working Paper Series 309, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy.
    7. Sarris, Alexander H., 1985. "Food security and agricultural production strategies under risk in Egypt," Journal of Development Economics, Elsevier, vol. 19(1-2), pages 85-111.
    8. Adelman, Irma, 1984. "Beyond export-led growth," World Development, Elsevier, vol. 12(9), pages 937-949, September.
    9. Konandreas, Panos A. & Huddleston, Barbara & Virabongsa Ramangkura, 1978. "Food security: an insurance approach," Research reports 4, International Food Policy Research Institute (IFPRI).
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    Cited by:
    1. Adelman, Irma & Berck, Peter & Labus, Miroljub & Vujovic, Dusan, 1990. "Adjustment under different trade strategies: a mean-variance analysis with a CGE model of the Yugoslav economy," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt7bz20689, Department of Agricultural & Resource Economics, UC Berkeley.

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