Higher Fuel And Food Prices Economic Impacts And Responses For Mozambique

Author : Channing Arndt, Rui Benfica, Nelson Maximiano, Antonio M.D. Nucifora, James T. Thurlow
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

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Download or read book Higher Fuel and Food Prices: Economic Impacts and Responses for Mozambique written by Channing Arndt, Rui Benfica, Nelson Maximiano, Antonio M.D. Nucifora, James T. Thurlow and published by Intl Food Policy Res Inst. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Channing Arndt
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.08/5 ( download)

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Download or read book Higher Fuel and Food Prices written by Channing Arndt and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Rising world prices for fuel and food represent a negative terms-of-trade shock for Mozambique. The impacts of these price rises are analyzed using various approaches. Detailed price data show that the world price increases are being transmitted to domestic prices. Short-run net benefit ratio analysis indicates that urban households and households in the southern region are more vulnerable to food price increases. Rural households, particularly in the North and Center, often benefit from being in a net seller position. Longer-term analysis using a computable general equilibrium (CGE) model of Mozambique indicates that the fuel price shock dominates rising food prices from both macroeconomic and poverty perspectives. Again, negative impacts are larger in urban areas. The importance of agricultural production response in general and export response in particular is highlighted. Policy analysis reveals difficult trade-offs between short-run mitigation and long-run growth. Improved agricultural productivity has powerful positive impacts, but remains difficult to achieve and may not address the immediate impacts of higher prices.

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.93/5 ( download)

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Download or read book Higher Fuel and Food Prices written by and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Weltbank
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.81/5 ( download)

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Download or read book Higher Fuel and Food Prices written by Weltbank and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The dramatic increases in world food and fuel prices during 2007 and early 2008 may set back Mozambique's considerable advances in poverty reduction during the past decade. This study assesses the impact of higher fuel and food prices at both household and macroeconomic levels, and also considers policy options to mitigate some of the negative impacts of higher prices. Rising world prices certainly represents a negative terms-of-trade shock for Mozambique, since the country imports almost all of its fuel and is a net importer of food. The report is structured in six sections. Section two presents information on the extent of international food and fuel price increases and their transmission to local markets in Mozambique. Section three presents household-level analysis focused on the first order impact of the food price increases. Section four complements previous sections by examining the impact of higher food and fuel prices within a general equilibrium framework. Section five discusses the likely impact of alternative policy options in the short and long term. Section six summarizes and concludes.

Author : Mr. Kangni R Kpodar
Publisher : International Monetary Fund
ISBN 13 : 1616356154
Total Pages : 34 pages
Book Rating : 4.56/5 ( download)

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Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.

Author : Per Pinstrup-Andersen
Publisher : Wider Studies in Development E
ISBN 13 : 0198718578
Total Pages : 545 pages
Book Rating : 4.74/5 ( download)

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Download or read book Food Price Policy in an Era of Market Instability written by Per Pinstrup-Andersen and published by Wider Studies in Development E. This book was released on 2015 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2006, global food prices have fluctuated greatly around an increasing trend and price spikes were observed for key food commodities such as rice, wheat, and maize.

Author : Nicholas Minot
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

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Download or read book Impact of Food Price Changes on Household Welfare in Ghana written by Nicholas Minot and published by Intl Food Policy Res Inst. This book was released on 2013-02-25 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of the global food crisis of 2007–08 and additional price spikes since then, greater attention has been given to the welfare impact of food price increases in developing countries. The standard approach in this type of analysis, proposed by Deaton (1989), is based on income and expenditure data from household surveys. Given the widespread use of this method, it is important to revisit the assumptions behind it and examine the sensitivity of results to those assumptions. In this paper, we explore the distributional impact of higher maize, rice, and food prices in Ghana and analyze the robustness of those results to changes in several key assumptions. The results suggest that higher maize and rice prices have a relatively modest short-term impact on national poverty but significant effects on specific groups of households. As expected, urban households lose from higher grain prices, but a surprisingly large share of rural households also lose because they are net buyers. The results also suggest that the current policy of protecting domestic rice producers with an import tax does not contribute to national poverty reduction, in spite of the fact that rice growers tend to be poor. If we relax the assumption that households do not respond to the higher prices, the effects are more positive or less negative, but only modestly so. On the other hand, if we relax the assumption that producer and consumer prices rise by the same proportion, and instead assume a constant marketing margin, the results change substantially. Because producer prices now rise by a larger proportion than consumer prices, the impact of higher prices is much more positive. These findings highlight the need for more research on the effect of price spikes on marketing margins.

Author : Godsway Cudjoe, Clemens Breisinger, and Xinshen Diao IFPRI Discussion Paper No. 842 2008
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

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Download or read book Local Impacts of a Global Crisis: Food Price Transmission and Poverty Impacts in Ghana written by Godsway Cudjoe, Clemens Breisinger, and Xinshen Diao IFPRI Discussion Paper No. 842 2008 and published by Intl Food Policy Res Inst. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Valerie Mueller, Abusaleh Shariff
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4./5 ( download)

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Download or read book Preliminary Evidence on Internal Migration, Remittances, and Teen Schooling in India written by Valerie Mueller, Abusaleh Shariff and published by Intl Food Policy Res Inst. This book was released on 2009 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Migration can serve as an outlet for employment, higher earnings, and reduced income risk for households in developing countries. We use the 2004-2005 Human Development Profile of India survey to examine correlations between the receipt of remittances from internal migrants and human capital investment in rural areas. We employ a propensity score-matching approach to account for the selectivity of households into receiving remittances. We interpret the results conservatively due to the cross-sectional nature of the data. We find a positive correlation between remittances received from internal migrants and the schooling attendance of teens. The magnitude of the correlation is greater when focusing on low-caste households, and male schooling attendance in particular becomes more positive and statistically significant. Our findings provide a basis for establishing future research in the areas of migration and social protection in India."--Authors' abstract.

Author : Afua Branoah Banful
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4./5 ( download)

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Download or read book Do Institutions Limit Clientelism? A Study of the District Assemblies Common Fund in Ghana written by Afua Branoah Banful and published by Intl Food Policy Res Inst. This book was released on 2009 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Analyses of how coveted central-government resources in Africa are shared have shown widespread patronage, ethnic cronyism, and pork-barrel politics. While some governments have attempted to rectify the situation by establishing revenue-sharing formulas, a key unanswered question is whether such institutions are able to achieve this goal. This paper presents an empirical investigation of a pioneering formula-based system of resource allocation from the central government to local governments in Ghana--the District Assemblies Common Fund (DACF). The evidence is consistent with governments being able to politically manipulate resource allocation within the confines of the formula-based system. Nevertheless, this does not suggest that the DACF completely fails to limit political influence. It indicates that other guiding structures of a formula-based system--in particular, how and when the formula can be altered--are important determinants of how well a program such as the DACF is able to resist political pressures."--Authors' abstract.