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The impact of food price volatility on consumer welfare in Cameroon

Author

Listed:
  • Gilles Quentin Kane

    (Université de Yaoundé II)

  • Gwladys Laure Mabah Tene

    (Université de Yaoundé II)

  • Jean-Joël Ambagna

    (Université de Yaoundé II)

  • Isabelle Piot-Lepetit

    (Marchés, Organisations, Institutions et Stratégies d'Acteurs - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - INRA - Institut National de la Recherche Agronomique - CIHEAM-IAMM - Centre International de Hautes Etudes Agronomiques Méditerranéennes - Institut Agronomique Méditerranéen de Montpellier - CIHEAM - Centre International de Hautes Études Agronomiques Méditerranéennes - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier)

  • Fondo Sikod

    (Université de Yaoundé II)

Abstract

The objective of this paper is to analyse the welfare effects of food price volatility on Cameroonian consumers. Using data from the third Cameroonian Household Consumption Surveys, the price elasticities are obtained from a Quadratic Almost Ideal Demand System model. Price elasticities are then used to evaluate the distributional impacts of food price changes in terms of compensating variation. The paper finds that: (a) poor households are the most affected by food price volatility and (b) the welfare losses from food price volatility depend on the extent of any price hike.

Suggested Citation

  • Gilles Quentin Kane & Gwladys Laure Mabah Tene & Jean-Joël Ambagna & Isabelle Piot-Lepetit & Fondo Sikod, 2015. "The impact of food price volatility on consumer welfare in Cameroon," Working Papers hal-02801351, HAL.
  • Handle: RePEc:hal:wpaper:hal-02801351
    Note: View the original document on HAL open archive server: https://hal.inrae.fr/hal-02801351
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    References listed on IDEAS

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    Cited by:

    1. Krah, Kwabena, 2022. "Maize price variability, land use change, and forestloss: evidence from Ghana," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322247, Agricultural and Applied Economics Association.
    2. Ebenezer Lemven Wirba & Francis Menjo Baye, 2016. "Accounting for Urban-Rural Real Food Expenditure Differentials in Cameroon: A Quantile Regression-Based Decomposition," EuroEconomica, Danubius University of Galati, issue 2(35), pages 61-77, November.
    3. Prifti, Ervin & Daidone, Silvio & Miguelez, Borja, 2017. "Impact of increases in food prices on consumer welfare in Lesotho," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 12(1), March.
    4. Krah, Kwabena, 2023. "Maize price variability, land use change, and forest loss: evidence from Ghana," Land Use Policy, Elsevier, vol. 125(C).

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    Keywords

    price volatility; consumer welfare; cameroon;
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