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Food security policy in a stochastic world

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  • Adelman, Irma
  • Berck, Peter

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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Suggested Citation

  • Adelman, Irma & Berck, Peter, 1990. "Food security policy in a stochastic world," Journal of Development Economics, Elsevier, vol. 34(1-2), pages 25-55, November.
    • Handle: RePEc:eee:deveco:v:34:y:1990:i:1-2:p:25-55
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    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.
    2. Harris, Rebecca Lee & Robinson, Sherman, 2001. "Economy-wide effects of El Niño / Southern Oscillation (ENSO) in Mexico and the role of improved forecasting and technological change," TMD discussion papers 83, International Food Policy Research Institute (IFPRI).
    3. Balisacan, Arsenio M., 1991. "Linkages, Poverty and Income Distribution," Working Papers WP 1991-15, Philippine Institute for Development Studies.
    4. Ghosh, Madanmohan & Whalley, John, 2004. "Are price controls necessarily bad? The case of rice in Vietnam," Journal of Development Economics, Elsevier, vol. 73(1), pages 215-232, February.

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