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Staple food price instability and structural change: Indonesian experience

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  • Grabowski, Richard
  • Self, Sharmistha

Abstract

This paper argues that structural change, shifting labor from agriculture to manufacturing is critically dependent on staple food price stability. Historical experience shows that East Asia achieved such stability and thus experienced rapid growth in manufacturing and rapid structural change. Parts of Southeast Asia have also experienced food price stability and structural change. A case study of Indonesia’s experience supports these ideas.

Suggested Citation

  • Grabowski, Richard & Self, Sharmistha, 2016. "Staple food price instability and structural change: Indonesian experience," Journal of Asian Economics, Elsevier, vol. 47(C), pages 35-44.
    • Handle: RePEc:eee:asieco:v:47:y:2016:i:c:p:35-44
    DOI: 10.1016/j.asieco.2016.10.001
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    References listed on IDEAS

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    1. Minot, Nicholas, 2014. "Food price volatility in sub-Saharan Africa: Has it really increased?," Food Policy, Elsevier, vol. 45(C), pages 45-56.
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    8. Dani Rodrik, 2013. "Unconditional Convergence in Manufacturing," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 128(1), pages 165-204.
    9. Minot, Nicholas, 2012. "Food price volatility in Africa: Has it really increased?:," IFPRI discussion papers 1239, International Food Policy Research Institute (IFPRI).
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    Cited by:

    1. Anisa Dwi Utami & Harianto Harianto & Bayu Krisnamurthi, 2023. "Exploring the pattern of price interdependence in rice market in Indonesia in the presence of quality differential," Cogent Economics & Finance, Taylor & Francis Journals, vol. 11(1), pages 2178123-217, December.
    2. Pierre-Emmanuel Darpeix, 2019. "Literature review on the consequences of food price spikes and price volatility," Working Papers hal-02072329, HAL.
    3. Utami, Anisa & Harianto, Harianto & Krisnamurthi, Bayu, 2021. "Price Interdependence in Indonesian Rice Market in the Presence of Quality Differential," 2021 Conference, August 17-31, 2021, Virtual 315229, International Association of Agricultural Economists.
    4. Pierre-Emmanuel Darpeix, 2019. "Literature review on the consequences of food price spikes and price volatility," PSE Working Papers hal-02072329, HAL.
    5. Hongwei Lu & Tingting Li & Jianfei Lv & Aoxue Wang & Qiyou Luo & Mingjie Gao & Guojing Li, 2023. "The Fluctuation Characteristics and Periodic Patterns of Potato Prices in China," Sustainability, MDPI, vol. 15(10), pages 1-16, May.

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