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A welfare measure of consumer vulnerability to rising prices of food imports in the UAE

Listed author(s):
  • Azzam, Azzeddine M.
  • Rettab, Belaid

The recent and expected continuing rise in food prices has re-ignited concern and discussion in the United Arab Emirates about the country’s vulnerability to food supply shocks. Defining vulnerability as the compensating variation relative to household income, we find that although UAE households in the lowest income quintile spend on food on average less than a quarter of what households in the highest income quintile spend, the former are 3.5 times more vulnerable to rising prices of food imports than the latter.

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Article provided by Elsevier in its journal Food Policy.

Volume (Year): 37 (2012)
Issue (Month): 5 ()
Pages: 554-560

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Handle: RePEc:eee:jfpoli:v:37:y:2012:i:5:p:554-560
DOI: 10.1016/j.foodpol.2012.05.003
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  1. David Besanko & Shabtai Donnenfeld & Lawrence J. White, 1987. "Monopoly and Quality Distortion: Effects and Remedies," The Quarterly Journal of Economics, Oxford University Press, vol. 102(4), pages 743-767.
  2. Lee, Jong-Ying & Brown, Mark G., 1996. "The Potential for High-Value Agricultural Products Under the North American Free Trade Agreement: The Case of Beef in Mexico and Canada: Comment," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 28(02), pages 453-454, December.
  3. Lee, Jonq-Ying & Brown, Mark G., 1996. "The Potential For High-Value Agricultural Products Under The North American Free Trade Agreement: The Case Of Beef In Mexico And Canada: Comment," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 28(02), December.
  4. Raymon, Neil, 1983. "Price ceilings in competitive markets with variable quality," Journal of Public Economics, Elsevier, vol. 22(2), pages 257-264, November.
  5. Willig, Robert D, 1976. "Consumer's Surplus without Apology," American Economic Review, American Economic Association, vol. 66(4), pages 589-597, September.
  6. Huang, Kuo S., 1993. "Measuring the Effects of U.S. Meat Trade on Consumers' Welfare," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 25(01), pages 217-227, July.
  7. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-326, June.
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