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The impact of rising food prices on the poor

Author

Listed:
  • Zezza, Alberto
  • Davis, Benjamin
  • Azzarri, Carlo
  • Covarrubias, Katia
  • Tasciotti, Luca
  • Anríquez, Gustavo

Abstract

This paper analyzes the household level impact of an increase in price of major tradable staple foods in a cross section of developing countries, using nationally representative household surveys. We find that, in the short term, poorer households and households with limited asset endowments and access to agricultural inputs will be hit the hardest by the price shock. Given the ample degree of heterogeneity among households and among the poor, the analysis emphasizes the importance of meaningful policy research to go beyond average impacts to look at how access to assets and inputs, livelihood strategies and other key household characteristics drive the magnitude and distribution of the effects of the price increases.

Suggested Citation

  • Zezza, Alberto & Davis, Benjamin & Azzarri, Carlo & Covarrubias, Katia & Tasciotti, Luca & Anríquez, Gustavo, "undated". "The impact of rising food prices on the poor," ESA Working Papers 289027, Food and Agriculture Organization of the United Nations, Agricultural Development Economics Division (ESA).
    • Handle: RePEc:ags:faoaes:289027
    DOI: 10.22004/ag.econ.289027
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    Keywords

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    JEL classification:

    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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