Higher Fuel and Food Prices : Impacts and Responses for Mozambique

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dc.creatorArndt, Channing
dc.creatorBenfica, Rui
dc.creatorMaximiano, Nelson
dc.creatorNucifora, Antonio M. D.
dc.creatorThurlow, James T.
dc.date2012-03-30T07:29:10Z
dc.date2012-03-30T07:29:10Z
dc.date2008
dc.date.accessioned2026-07-01T01:09:36Z
dc.descriptionRising 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.
dc.identifierAgricultural Economics
dc.identifier01695150
dc.identifierhttps://hdl.handle.net/10986/4671
dc.identifier.urihttp://hdl.handle.net/123456789/415697
dc.languageEN
dc.relationhttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rightsWorld Bank
dc.subjectMacroeconomic Analyses of Economic Development O110
dc.subjectEconomic Development: Agriculture
dc.subjectNatural Resources
dc.subjectEnergy
dc.subjectEnvironment
dc.subjectOther Primary Products O130
dc.subjectInternational Linkages to Development
dc.subjectRole of International Organizations O190
dc.subjectAgriculture: Aggregate Supply and Demand Analysis
dc.subjectPrices Q110
dc.subjectEnergy: Demand and Supply Q410
dc.subjectEnergy and the Macroeconomy Q430
dc.titleHigher Fuel and Food Prices : Impacts and Responses for Mozambique
dc.titleAgricultural Economics
dc.typeJournal Article
dc.typeArticle de journal
dc.typeArtículo de revista

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