Short- and Long-Run Impacts of Food Price Changes on Poverty

This study uses household models based on detailed expenditure and agricultural production data from 31 developing countries to assess the impacts of changes in global food prices on poverty in individual countries and for the world as a whole. The...

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Main Authors: Ivanic, Maros, Martin, Will
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank Group, Washington, DC 2014
Subjects:
TEA
Online Access:http://documents.worldbank.org/curated/en/2014/08/20131428/short--long-run-impacts-food-price-changes-poverty
http://hdl.handle.net/10986/20350
id okr-10986-20350
recordtype oai_dc
spelling okr-10986-203502021-04-23T14:03:55Z Short- and Long-Run Impacts of Food Price Changes on Poverty Ivanic, Maros Martin, Will ADVERSE IMPACTS AGGREGATE POVERTY AGRICULTURAL ACTIVITIES AGRICULTURAL ECONOMICS AGRICULTURAL LAND AGRICULTURAL OUTPUT AGRICULTURAL PRICES AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTIVITY AGRICULTURAL PRODUCTS AGRICULTURAL SECTORS AGRICULTURAL WAGES AGRICULTURE ANIMAL FEED BEEF BEVERAGES CASSAVA CHANGES IN POVERTY COMMODITY COMMODITY PRICES DAIRY DECLINE IN POVERTY DECOMPOSABLE POVERTY DEMOGRAPHIC DEVELOPING COUNTRIES DEVELOPING COUNTRY EXTREME POVERTY EXTREME POVERTY LINE FARM ACTIVITIES FARM HOUSEHOLDS FARM INCOMES FARM OUTPUT FARMING ACTIVITIES FEMALE-HEADED HOUSEHOLDS FINANCIAL CRISIS FOOD BUYERS FOOD COMMODITIES FOOD COMPONENTS FOOD CONSUMERS FOOD CONSUMPTION FOOD DEMAND FOOD ITEMS FOOD OUTPUT FOOD POLICY FOOD POLICY RESEARCH FOOD PRICE FOOD PRICES FOOD PRODUCTION FRUITS FUTURE PRICE GLOBAL POVERTY GRAINS HOUSEHOLD BUDGET HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD OUTPUT HOUSEHOLD SIZE HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT IFPRI IMPACT ON POVERTY INCOME INCOME DISTRIBUTION INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE INTERNATIONAL TRADE LAMB LAND SUPPLY LIVING STANDARDS LOW-INCOME COUNTRIES MAIZE MIDDLE-INCOME COUNTRIES MILK NATURAL RESOURCES NET FOOD CONSUMERS OILS AND FATS OUTPUTS POOR POOR FARMERS POOR FARMING POOR HOUSEHOLDS POOR PEOPLE POOR POPULATION PORK POVERTY ASSESSMENT POVERTY GAP POVERTY IMPACT POVERTY INCREASE POVERTY LEVELS POVERTY LINE POVERTY LINES POVERTY MEASURES POVERTY RATE POVERTY RATES POVERTY REDUCTION PRICE BEHAVIOR PROCESSED FOODS PRODUCTION STRUCTURE PRODUCTION VOLUMES REDUCTION IN POVERTY REGIONAL GROUPS RICE RURAL RURAL AREAS RURAL DEVELOPMENT RURAL FARMER RURAL HOUSEHOLDS RURAL POOR RURAL WELFARE SAFETY NET SAFETY NET PROGRAMS SELLING PRICES SHEEP SHEEP MEAT SMALL FARM HOUSEHOLDS SOYBEANS STAPLE FOODS SUGAR TEA VEGETABLE OILS VEGETABLES VOLATILITY WAGE RATES WHEAT WHEAT PRODUCTION WORLD ECONOMY This study uses household models based on detailed expenditure and agricultural production data from 31 developing countries to assess the impacts of changes in global food prices on poverty in individual countries and for the world as a whole. The analysis finds that food price increases unrelated to productivity changes in developing countries raise poverty in the short run in all but a few countries with broadly-distributed agricultural resources. This result is primarily because the poor spend large shares of their incomes on food and many poor farmers are net buyers of food. In the longer run, two other important factors come into play: poor workers are likely to benefit from increases in wage rates for unskilled workers from higher food prices, and poor farmers are likely to benefit from higher agricultural profits as they raise their output. As a result, higher food prices appear to lower global poverty in the long run. 2014-10-02T21:15:02Z 2014-10-02T21:15:02Z 2014-08 http://documents.worldbank.org/curated/en/2014/08/20131428/short--long-run-impacts-food-price-changes-poverty http://hdl.handle.net/10986/20350 English en_US Policy Research Working Paper;No. 7011 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ADVERSE IMPACTS
AGGREGATE POVERTY
AGRICULTURAL ACTIVITIES
AGRICULTURAL ECONOMICS
AGRICULTURAL LAND
AGRICULTURAL OUTPUT
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTIVITY
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTORS
AGRICULTURAL WAGES
AGRICULTURE
ANIMAL FEED
BEEF
BEVERAGES
CASSAVA
CHANGES IN POVERTY
COMMODITY
COMMODITY PRICES
DAIRY
DECLINE IN POVERTY
DECOMPOSABLE POVERTY
DEMOGRAPHIC
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
EXTREME POVERTY
EXTREME POVERTY LINE
FARM ACTIVITIES
FARM HOUSEHOLDS
FARM INCOMES
FARM OUTPUT
FARMING ACTIVITIES
FEMALE-HEADED HOUSEHOLDS
FINANCIAL CRISIS
FOOD BUYERS
FOOD COMMODITIES
FOOD COMPONENTS
FOOD CONSUMERS
FOOD CONSUMPTION
FOOD DEMAND
FOOD ITEMS
FOOD OUTPUT
FOOD POLICY
FOOD POLICY RESEARCH
FOOD PRICE
FOOD PRICES
FOOD PRODUCTION
FRUITS
FUTURE PRICE
GLOBAL POVERTY
GRAINS
HOUSEHOLD BUDGET
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HOUSEHOLD OUTPUT
HOUSEHOLD SIZE
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
HOUSEHOLD WELFARE
HUMAN DEVELOPMENT
IFPRI
IMPACT ON POVERTY
INCOME
INCOME DISTRIBUTION
INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE
INTERNATIONAL TRADE
LAMB
LAND SUPPLY
LIVING STANDARDS
LOW-INCOME COUNTRIES
MAIZE
MIDDLE-INCOME COUNTRIES
MILK
NATURAL RESOURCES
NET FOOD CONSUMERS
OILS AND FATS
OUTPUTS
POOR
POOR FARMERS
POOR FARMING
POOR HOUSEHOLDS
POOR PEOPLE
POOR POPULATION
PORK
POVERTY ASSESSMENT
POVERTY GAP
POVERTY IMPACT
POVERTY INCREASE
POVERTY LEVELS
POVERTY LINE
POVERTY LINES
POVERTY MEASURES
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
PRICE BEHAVIOR
PROCESSED FOODS
PRODUCTION STRUCTURE
PRODUCTION VOLUMES
REDUCTION IN POVERTY
REGIONAL GROUPS
RICE
RURAL
RURAL AREAS
RURAL DEVELOPMENT
RURAL FARMER
RURAL HOUSEHOLDS
RURAL POOR
RURAL WELFARE
SAFETY NET
SAFETY NET PROGRAMS
SELLING PRICES
SHEEP
SHEEP MEAT
SMALL FARM HOUSEHOLDS
SOYBEANS
STAPLE FOODS
SUGAR
TEA
VEGETABLE OILS
VEGETABLES
VOLATILITY
WAGE RATES
WHEAT
WHEAT PRODUCTION
WORLD ECONOMY
spellingShingle ADVERSE IMPACTS
AGGREGATE POVERTY
AGRICULTURAL ACTIVITIES
AGRICULTURAL ECONOMICS
AGRICULTURAL LAND
AGRICULTURAL OUTPUT
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTIVITY
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTORS
AGRICULTURAL WAGES
AGRICULTURE
ANIMAL FEED
BEEF
BEVERAGES
CASSAVA
CHANGES IN POVERTY
COMMODITY
COMMODITY PRICES
DAIRY
DECLINE IN POVERTY
DECOMPOSABLE POVERTY
DEMOGRAPHIC
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
EXTREME POVERTY
EXTREME POVERTY LINE
FARM ACTIVITIES
FARM HOUSEHOLDS
FARM INCOMES
FARM OUTPUT
FARMING ACTIVITIES
FEMALE-HEADED HOUSEHOLDS
FINANCIAL CRISIS
FOOD BUYERS
FOOD COMMODITIES
FOOD COMPONENTS
FOOD CONSUMERS
FOOD CONSUMPTION
FOOD DEMAND
FOOD ITEMS
FOOD OUTPUT
FOOD POLICY
FOOD POLICY RESEARCH
FOOD PRICE
FOOD PRICES
FOOD PRODUCTION
FRUITS
FUTURE PRICE
GLOBAL POVERTY
GRAINS
HOUSEHOLD BUDGET
HOUSEHOLD INCOME
HOUSEHOLD INCOMES
HOUSEHOLD OUTPUT
HOUSEHOLD SIZE
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
HOUSEHOLD WELFARE
HUMAN DEVELOPMENT
IFPRI
IMPACT ON POVERTY
INCOME
INCOME DISTRIBUTION
INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE
INTERNATIONAL TRADE
LAMB
LAND SUPPLY
LIVING STANDARDS
LOW-INCOME COUNTRIES
MAIZE
MIDDLE-INCOME COUNTRIES
MILK
NATURAL RESOURCES
NET FOOD CONSUMERS
OILS AND FATS
OUTPUTS
POOR
POOR FARMERS
POOR FARMING
POOR HOUSEHOLDS
POOR PEOPLE
POOR POPULATION
PORK
POVERTY ASSESSMENT
POVERTY GAP
POVERTY IMPACT
POVERTY INCREASE
POVERTY LEVELS
POVERTY LINE
POVERTY LINES
POVERTY MEASURES
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
PRICE BEHAVIOR
PROCESSED FOODS
PRODUCTION STRUCTURE
PRODUCTION VOLUMES
REDUCTION IN POVERTY
REGIONAL GROUPS
RICE
RURAL
RURAL AREAS
RURAL DEVELOPMENT
RURAL FARMER
RURAL HOUSEHOLDS
RURAL POOR
RURAL WELFARE
SAFETY NET
SAFETY NET PROGRAMS
SELLING PRICES
SHEEP
SHEEP MEAT
SMALL FARM HOUSEHOLDS
SOYBEANS
STAPLE FOODS
SUGAR
TEA
VEGETABLE OILS
VEGETABLES
VOLATILITY
WAGE RATES
WHEAT
WHEAT PRODUCTION
WORLD ECONOMY
Ivanic, Maros
Martin, Will
Short- and Long-Run Impacts of Food Price Changes on Poverty
relation Policy Research Working Paper;No. 7011
description This study uses household models based on detailed expenditure and agricultural production data from 31 developing countries to assess the impacts of changes in global food prices on poverty in individual countries and for the world as a whole. The analysis finds that food price increases unrelated to productivity changes in developing countries raise poverty in the short run in all but a few countries with broadly-distributed agricultural resources. This result is primarily because the poor spend large shares of their incomes on food and many poor farmers are net buyers of food. In the longer run, two other important factors come into play: poor workers are likely to benefit from increases in wage rates for unskilled workers from higher food prices, and poor farmers are likely to benefit from higher agricultural profits as they raise their output. As a result, higher food prices appear to lower global poverty in the long run.
format Publications & Research :: Policy Research Working Paper
author Ivanic, Maros
Martin, Will
author_facet Ivanic, Maros
Martin, Will
author_sort Ivanic, Maros
title Short- and Long-Run Impacts of Food Price Changes on Poverty
title_short Short- and Long-Run Impacts of Food Price Changes on Poverty
title_full Short- and Long-Run Impacts of Food Price Changes on Poverty
title_fullStr Short- and Long-Run Impacts of Food Price Changes on Poverty
title_full_unstemmed Short- and Long-Run Impacts of Food Price Changes on Poverty
title_sort short- and long-run impacts of food price changes on poverty
publisher World Bank Group, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/08/20131428/short--long-run-impacts-food-price-changes-poverty
http://hdl.handle.net/10986/20350
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