How Vulnerable are Arab Countries to Global Food Price Shocks?

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dc.creatorLoening, Josef L.
dc.creatorIanchovichina, Elena I.
dc.creatorWood, Christina A.
dc.date2014-10-28T18:20:33Z
dc.date2014-10-28T18:20:33Z
dc.date2014-06-27
dc.date.accessioned2026-07-01T00:49:08Z
dc.descriptionWe estimate pass-through effects of international food price movements into domestic food prices for 18 countries in the Middle East and North Africa, using threshold regressions. International price movements transmit to various degrees into domestic prices. Transmission is mostly asymmetric, pushing domestic price levels up as increases in international food prices are typically passed through, but declines are rarely transmitted. This situation is indicative of policy and market distortions, notably the presence of food subsidies in the context of fiscal constraints. Hence, both international prices and their volatility matter for domestic inflation, yet domestic factors also play a role.
dc.formatapplication/pdf
dc.identifierJournal of Development Studies
dc.identifier0022-0388
dc.identifierhttps://hdl.handle.net/10986/20477
dc.identifierhttps://doi.org/10.1596/20477
dc.identifier.urihttp://hdl.handle.net/123456789/411476
dc.languageen_US
dc.publisherTaylor and Francis
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rightsWorld Bank
dc.subjectinflation
dc.subjectfood price pass-through
dc.subjectfood subsidies
dc.subjectfiscal policy
dc.subjectArab world
dc.subjectthreshold regression
dc.subjectfood subsidies
dc.subjectprice controls
dc.subjectmarket distortions
dc.subjectfood price policy
dc.subjectArab Spring
dc.titleHow Vulnerable are Arab Countries to Global Food Price Shocks?
dc.typeJournal Article
dc.typeArticle de journal
dc.typeArtículo de revista

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