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Supply Response to Food Price Changes in Asian Countries

In: Institutions and Comparative Economic Development

Author

Listed:
  • Katsushi S. Imai

    (University of Manchester)

  • Raghav Gaiha

    (University of Delhi
    Harvard University)

  • Ganesh Thapa

    (International Fund for Agricultural Development)

  • Abdilahi Ali

    (University of Manchester)

Abstract

Primary commodity prices have been increasing, especially since the early 2000s and at an accelerated pace during 2007–08, with implications for food security in the developing world. Against this backdrop, much recent research has focussed on understanding the causes and consequences of food price increases. The objective of the present analysis is to examine how food commodity and input prices have affected the supply of the former in 10 Asian economies. This analysis assumes greater significance in the context of the recent surge in oil and food prices, and its persistence. If, for example, oil prices continue to rise — as feared on present evidence — the food price surge may also persist.

Suggested Citation

  • Katsushi S. Imai & Raghav Gaiha & Ganesh Thapa & Abdilahi Ali, 2012. "Supply Response to Food Price Changes in Asian Countries," International Economic Association Series, in: Masahiko Aoki & Timur Kuran & Gérard Roland (ed.), Institutions and Comparative Economic Development, chapter 16, pages 313-331, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-137-03401-4_17
    DOI: 10.1057/9781137034014_17
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    Cited by:

    1. Raghav Gaiha & Nidhi Kaicker & Katsushi S. Imai & Ganesh Thapa, 2012. "Agriculture-Nutrition Pathway in India," Discussion Paper Series DP2012-16, Research Institute for Economics & Business Administration, Kobe University.
    2. David Dawe, 2014. "Transmission of global food prices, supply response and impacts on the poor," Chapters, in: Raghbendra Jha & Raghav Gaiha & Anil B. Deolalikar (ed.), Handbook on Food, chapter 5, pages 100-121, Edward Elgar Publishing.

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