The Impact of Food Inflation on Urban Poverty and Its Monetary Cost : Some Back-of-the-Envelope Calculations
This paper uses a sample of 73 developing countries to estimate the change in the cost of alleviating urban poverty brought about by the recent increase in food prices. This cost is approximated by the change in the poverty deficit, that is, the va...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/07/9670245/impact-food-inflation-urban-poverty-monetary-cost-some-back-of-the-envelope-calculations http://hdl.handle.net/10986/6849 |
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okr-10986-68492021-04-23T14:02:32Z The Impact of Food Inflation on Urban Poverty and Its Monetary Cost : Some Back-of-the-Envelope Calculations Dessus, Sébastien Herrera, Santiago de Hoyos, Rafael ACCOUNTING AGRICULTURAL ACTIVITIES AGRICULTURAL YIELDS AGRICULTURE BANK POLICY BULLETIN CASH TRANSFERS CHANGES IN POVERTY CLIMATE CHANGE COMMODITY PRICE COMMODITY PRICES CONSUMER PRICE INDEX CONSUMPTION BASKET DEFICITS DERIVATIVE DEVELOPING COUNTRIES DEVELOPMENT POLICY DOMESTIC MARKETS DOMESTIC PRICES ECONOMIC DEVELOPMENT EXCHANGE RATES EXPENDITURE EXTREME POVERTY EXTREME POVERTY LINE FARMERS FINANCIAL CRISIS FOOD CONSUMPTION FOOD CONSUMPTION PATTERNS FOOD DEMAND FOOD ITEMS FOOD PRICE FOOD PRICE INFLATION FOOD PRICES FOOD SHARE FOOD-FOR-WORK GROSS DOMESTIC PRODUCT HOUSEHOLD BUDGET HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT IMPACT ON POVERTY INCIDENCE OF POVERTY INCOME INCOME DISTRIBUTION INCOME LEVEL INCOME LEVELS INTERNATIONAL BANK INTERNATIONAL MARKETS INTERNATIONAL TRADE MARKET PRICES MARKET STRUCTURES MEASUREMENT OF POVERTY MILLENNIUM DEVELOPMENT GOAL NEW POOR POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLICY RESPONSE POOR POOR HOUSEHOLDS POVERTY ALLEVIATION POVERTY GAP POVERTY IMPACT POVERTY LEVELS POVERTY LINE POVERTY LINES POVERTY POVERTY POVERTY RATE POVERTY RATES POVERTY THRESHOLD PRICE CHANGE PRICE CHANGES PROGRESS PURCHASING POWER RESPECT RURAL RURAL AREAS RURAL HOUSEHOLDS RURAL POPULATION RURAL POVERTY RURAL WELFARE SOCIAL UNREST TARGETED TRANSFER PROGRAMS TARGETING TARGETING MECHANISMS URBAN AREAS URBAN POPULATION URBAN POVERTY VULNERABLE HOUSEHOLDS This paper uses a sample of 73 developing countries to estimate the change in the cost of alleviating urban poverty brought about by the recent increase in food prices. This cost is approximated by the change in the poverty deficit, that is, the variation in financial resources required to eliminate poverty under perfect targeting. The results show that, for most countries, the cost represents less than 0.1 percent of gross domestic product. However, in the most severely affected, it may exceed 3 percent. In all countries, the change in the poverty deficit is mostly due to the negative real income effect of those households that were poor before the price shock, while the cost attributable to new households falling into poverty is negligible. Thus, in countries where transfer mechanisms with effective targeting already exist, the most cost-effective strategy would be to scale up such programs rather than designing tools to identify the new poor. 2012-06-01T15:03:34Z 2012-06-01T15:03:34Z 2008-07 http://documents.worldbank.org/curated/en/2008/07/9670245/impact-food-inflation-urban-poverty-monetary-cost-some-back-of-the-envelope-calculations http://hdl.handle.net/10986/6849 English Policy Research Working Paper No. 4666 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, 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 |
| topic |
ACCOUNTING AGRICULTURAL ACTIVITIES AGRICULTURAL YIELDS AGRICULTURE BANK POLICY BULLETIN CASH TRANSFERS CHANGES IN POVERTY CLIMATE CHANGE COMMODITY PRICE COMMODITY PRICES CONSUMER PRICE INDEX CONSUMPTION BASKET DEFICITS DERIVATIVE DEVELOPING COUNTRIES DEVELOPMENT POLICY DOMESTIC MARKETS DOMESTIC PRICES ECONOMIC DEVELOPMENT EXCHANGE RATES EXPENDITURE EXTREME POVERTY EXTREME POVERTY LINE FARMERS FINANCIAL CRISIS FOOD CONSUMPTION FOOD CONSUMPTION PATTERNS FOOD DEMAND FOOD ITEMS FOOD PRICE FOOD PRICE INFLATION FOOD PRICES FOOD SHARE FOOD-FOR-WORK GROSS DOMESTIC PRODUCT HOUSEHOLD BUDGET HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT IMPACT ON POVERTY INCIDENCE OF POVERTY INCOME INCOME DISTRIBUTION INCOME LEVEL INCOME LEVELS INTERNATIONAL BANK INTERNATIONAL MARKETS INTERNATIONAL TRADE MARKET PRICES MARKET STRUCTURES MEASUREMENT OF POVERTY MILLENNIUM DEVELOPMENT GOAL NEW POOR POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLICY RESPONSE POOR POOR HOUSEHOLDS POVERTY ALLEVIATION POVERTY GAP POVERTY IMPACT POVERTY LEVELS POVERTY LINE POVERTY LINES POVERTY POVERTY POVERTY RATE POVERTY RATES POVERTY THRESHOLD PRICE CHANGE PRICE CHANGES PROGRESS PURCHASING POWER RESPECT RURAL RURAL AREAS RURAL HOUSEHOLDS RURAL POPULATION RURAL POVERTY RURAL WELFARE SOCIAL UNREST TARGETED TRANSFER PROGRAMS TARGETING TARGETING MECHANISMS URBAN AREAS URBAN POPULATION URBAN POVERTY VULNERABLE HOUSEHOLDS |
| spellingShingle |
ACCOUNTING AGRICULTURAL ACTIVITIES AGRICULTURAL YIELDS AGRICULTURE BANK POLICY BULLETIN CASH TRANSFERS CHANGES IN POVERTY CLIMATE CHANGE COMMODITY PRICE COMMODITY PRICES CONSUMER PRICE INDEX CONSUMPTION BASKET DEFICITS DERIVATIVE DEVELOPING COUNTRIES DEVELOPMENT POLICY DOMESTIC MARKETS DOMESTIC PRICES ECONOMIC DEVELOPMENT EXCHANGE RATES EXPENDITURE EXTREME POVERTY EXTREME POVERTY LINE FARMERS FINANCIAL CRISIS FOOD CONSUMPTION FOOD CONSUMPTION PATTERNS FOOD DEMAND FOOD ITEMS FOOD PRICE FOOD PRICE INFLATION FOOD PRICES FOOD SHARE FOOD-FOR-WORK GROSS DOMESTIC PRODUCT HOUSEHOLD BUDGET HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT IMPACT ON POVERTY INCIDENCE OF POVERTY INCOME INCOME DISTRIBUTION INCOME LEVEL INCOME LEVELS INTERNATIONAL BANK INTERNATIONAL MARKETS INTERNATIONAL TRADE MARKET PRICES MARKET STRUCTURES MEASUREMENT OF POVERTY MILLENNIUM DEVELOPMENT GOAL NEW POOR POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLICY RESPONSE POOR POOR HOUSEHOLDS POVERTY ALLEVIATION POVERTY GAP POVERTY IMPACT POVERTY LEVELS POVERTY LINE POVERTY LINES POVERTY POVERTY POVERTY RATE POVERTY RATES POVERTY THRESHOLD PRICE CHANGE PRICE CHANGES PROGRESS PURCHASING POWER RESPECT RURAL RURAL AREAS RURAL HOUSEHOLDS RURAL POPULATION RURAL POVERTY RURAL WELFARE SOCIAL UNREST TARGETED TRANSFER PROGRAMS TARGETING TARGETING MECHANISMS URBAN AREAS URBAN POPULATION URBAN POVERTY VULNERABLE HOUSEHOLDS Dessus, Sébastien Herrera, Santiago de Hoyos, Rafael The Impact of Food Inflation on Urban Poverty and Its Monetary Cost : Some Back-of-the-Envelope Calculations |
| relation |
Policy Research Working Paper No. 4666 |
| description |
This paper uses a sample of 73
developing countries to estimate the change in the cost of
alleviating urban poverty brought about by the recent
increase in food prices. This cost is approximated by the
change in the poverty deficit, that is, the variation in
financial resources required to eliminate poverty under
perfect targeting. The results show that, for most
countries, the cost represents less than 0.1 percent of
gross domestic product. However, in the most severely
affected, it may exceed 3 percent. In all countries, the
change in the poverty deficit is mostly due to the negative
real income effect of those households that were poor before
the price shock, while the cost attributable to new
households falling into poverty is negligible. Thus, in
countries where transfer mechanisms with effective targeting
already exist, the most cost-effective strategy would be to
scale up such programs rather than designing tools to
identify the new poor. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Dessus, Sébastien Herrera, Santiago de Hoyos, Rafael |
| author_facet |
Dessus, Sébastien Herrera, Santiago de Hoyos, Rafael |
| author_sort |
Dessus, Sébastien |
| title |
The Impact of Food Inflation on Urban Poverty and Its Monetary Cost : Some Back-of-the-Envelope Calculations |
| title_short |
The Impact of Food Inflation on Urban Poverty and Its Monetary Cost : Some Back-of-the-Envelope Calculations |
| title_full |
The Impact of Food Inflation on Urban Poverty and Its Monetary Cost : Some Back-of-the-Envelope Calculations |
| title_fullStr |
The Impact of Food Inflation on Urban Poverty and Its Monetary Cost : Some Back-of-the-Envelope Calculations |
| title_full_unstemmed |
The Impact of Food Inflation on Urban Poverty and Its Monetary Cost : Some Back-of-the-Envelope Calculations |
| title_sort |
impact of food inflation on urban poverty and its monetary cost : some back-of-the-envelope calculations |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/07/9670245/impact-food-inflation-urban-poverty-monetary-cost-some-back-of-the-envelope-calculations http://hdl.handle.net/10986/6849 |
| _version_ |
1764400971378589696 |