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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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  • 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," CUDARE Working Papers 43667, University of California, Berkeley, Department of Agricultural and Resource Economics.
    2. 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.
    3. 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).
    4. Balisacan, Arsenio M., 1991. "Linkages, Poverty and Income Distribution," Working Papers WP 1991-15, Philippine Institute for Development Studies.

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