A right price for rice? Côte d’Ivoire insights into the welfare implications of the ‘global food crisis’
Abstract Using 2008 LSMS data for Côte d’Ivoire, we study the welfare implications of the price increase of key imported staple food – rice – and consider the consumption smoothing effect of locally produced food and cash crop varieties. While middle-income households are found to be hardest hit by a price shock, the poorest appear to be immune to it. When both cash and food crop production is taken into account, the negative impact becomes negligible. We find interesting income reallocations from richer to poorer households, which can potentially be generalised across similar African countries.
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- Denis Cogneau & Sandrine Mesplé-Somps, 2002. "L’économie ivoirienne, la fin du mirage ?," Working Papers DT/2002/18, DIAL (Développement, Institutions et Mondialisation).
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- Marijke Verpoorten & Abhimanyu Arora & Johan F.M. Swinnen, 2012.
"Self-Reported Food Insecurity in Africa During the Food Price Crisis,"
LICOS Discussion Papers
30312, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
- Verpoorten, Marijke & Arora, Abhimanyu & Stoop, Nik & Swinnen, Johan, 2013. "Self-reported food insecurity in Africa during the food price crisis," Food Policy, Elsevier, vol. 39(C), pages 51-63.
- Arora, Abhimanyu & Swinnen, Johan F.M. & Verpoorten, Marijke, 2012. "Self-Reported Food Insecurity in Africa During the Food Price Crisis," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126897, International Association of Agricultural Economists.
- Budd, John W, 1993. "Changing Food Prices and Rural Welfare: A Nonparametric Examination of the Cote d'Ivoire," Economic Development and Cultural Change, University of Chicago Press, vol. 41(3), pages 587-603, April.
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