Food Prices and Poverty

dc.creatorHeadey, Derek D.
dc.date2020-04-03T19:28:26Z
dc.date2020-04-03T19:28:26Z
dc.date2018-10
dc.date.accessioned2026-07-01T00:40:03Z
dc.descriptionDo higher food prices help or hinder poverty reduction? Despite much debate, existing research has almost solely relied on simulation models to address this question. In this article World Bank poverty estimates are used to systematically test the relationship between changes in poverty and exogenous changes in real domestic food prices. We uncover indicative evidence that increases in food prices are associated with reductions in poverty, not increases. We empirically explain this result in terms of relatively strong agricultural supply and wage responses to food price increases, and the fact that the majority of the world’s poor still heavily rely on agriculture or agriculture-related activities to earn a living.
dc.formatapplication/pdf
dc.identifierWorld Bank Economic Review
dc.identifier1564-698X
dc.identifierhttps://hdl.handle.net/10986/33532
dc.identifier10.1596/33532
dc.identifier.urihttp://hdl.handle.net/123456789/408713
dc.publisherPublished by Oxford University Press on behalf of the World Bank
dc.relationWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rightsWorld Bank
dc.subjectFOOD CRISIS
dc.subjectFOOD PRICES
dc.subjectPOVERTY REDUCTION
dc.subjectAGRICULTURAL SUPPLY RESPONSE
dc.subjectWAGES
dc.titleFood Prices and Poverty
dc.typeJournal Article
dc.typeArticle de journal
dc.typeArtículo de revista

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