Food prices and the wages of the poor: A cost-effective addition to high-frequency food security monitoring
The affordability of nutritious food for “all people, at all times” is a critically important dimension of food security. Yet surprisingly, timely high-frequency indicators of food affordability are rarely collected in any systematic fashion despite price volatility emerging as major source of food...
| Autores principales: | , , , , |
|---|---|
| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Elsevier
2024
|
| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/141773 |
| _version_ | 1855521316044537856 |
|---|---|
| author | Headey, Derek D. Bachewe, Fantu Nisrane Marshall, Quinn Raghunathan, Kalyani Mahrt, Kristi |
| author_browse | Bachewe, Fantu Nisrane Headey, Derek D. Mahrt, Kristi Marshall, Quinn Raghunathan, Kalyani |
| author_facet | Headey, Derek D. Bachewe, Fantu Nisrane Marshall, Quinn Raghunathan, Kalyani Mahrt, Kristi |
| author_sort | Headey, Derek D. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The affordability of nutritious food for “all people, at all times” is a critically important dimension of food security. Yet surprisingly, timely high-frequency indicators of food affordability are rarely collected in any systematic fashion despite price volatility emerging as major source of food insecurity in the 21st Century. The 2008 global food crisis prompted international agencies to invest heavily in monitoring domestic food prices in low and middle income countries (LMICs). However, food price monitoring is not sufficient for measuring changes in diet affordability; for that, one must also measure changes either in income or in an income proxy. We propose using the wages of unskilled workers as a cheap and sufficiently accurate income proxy, especially for the urban and rural non-farm poor. We first outline alternative measures of “food wage” indices, defined as wages deflated either by consumer food price indices or novel healthy diet cost indices. We then discuss the conceptual strengths and limitations of food wages. Finally, we examine patterns and trends in different types of real food wage series during well-known food price crises in Ethiopia (2008, 2011 and 2022), Sri Lanka (2022) and Myanmar (2022). In all these instances, food wages declined by 20–30%, often in the space of a few months. In Myanmar, the decline in real wages during 2022 closely matches declines in household disposable income. We strongly advocate tracking the wages of the poor as a timely, accurate and cost-effective means of monitoring food affordability for important segments of the world’s poor. |
| format | Journal Article |
| id | CGSpace141773 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | Elsevier |
| publisherStr | Elsevier |
| record_format | dspace |
| spelling | CGSpace1417732025-12-11T21:27:09Z Food prices and the wages of the poor: A cost-effective addition to high-frequency food security monitoring Headey, Derek D. Bachewe, Fantu Nisrane Marshall, Quinn Raghunathan, Kalyani Mahrt, Kristi early warning systems food prices food security healthy diets less favoured areas nutrition poverty remuneration The affordability of nutritious food for “all people, at all times” is a critically important dimension of food security. Yet surprisingly, timely high-frequency indicators of food affordability are rarely collected in any systematic fashion despite price volatility emerging as major source of food insecurity in the 21st Century. The 2008 global food crisis prompted international agencies to invest heavily in monitoring domestic food prices in low and middle income countries (LMICs). However, food price monitoring is not sufficient for measuring changes in diet affordability; for that, one must also measure changes either in income or in an income proxy. We propose using the wages of unskilled workers as a cheap and sufficiently accurate income proxy, especially for the urban and rural non-farm poor. We first outline alternative measures of “food wage” indices, defined as wages deflated either by consumer food price indices or novel healthy diet cost indices. We then discuss the conceptual strengths and limitations of food wages. Finally, we examine patterns and trends in different types of real food wage series during well-known food price crises in Ethiopia (2008, 2011 and 2022), Sri Lanka (2022) and Myanmar (2022). In all these instances, food wages declined by 20–30%, often in the space of a few months. In Myanmar, the decline in real wages during 2022 closely matches declines in household disposable income. We strongly advocate tracking the wages of the poor as a timely, accurate and cost-effective means of monitoring food affordability for important segments of the world’s poor. 2024-05 2024-05-08T16:37:43Z 2024-05-08T16:37:43Z Journal Article https://hdl.handle.net/10568/141773 en Open Access Elsevier Headey, Derek D.; Bachewe, Fantu Nisrane; Marshall, Quinn; Raghunathan, Kalyani; and Mahrt, Kristi. 2024. Food prices and the wages of the poor: A cost-effective addition to high-frequency food security monitoring. Food Policy 125(May 2024): 102630. https://doi.org/10.1016/j.foodpol.2024.102630 |
| spellingShingle | early warning systems food prices food security healthy diets less favoured areas nutrition poverty remuneration Headey, Derek D. Bachewe, Fantu Nisrane Marshall, Quinn Raghunathan, Kalyani Mahrt, Kristi Food prices and the wages of the poor: A cost-effective addition to high-frequency food security monitoring |
| title | Food prices and the wages of the poor: A cost-effective addition to high-frequency food security monitoring |
| title_full | Food prices and the wages of the poor: A cost-effective addition to high-frequency food security monitoring |
| title_fullStr | Food prices and the wages of the poor: A cost-effective addition to high-frequency food security monitoring |
| title_full_unstemmed | Food prices and the wages of the poor: A cost-effective addition to high-frequency food security monitoring |
| title_short | Food prices and the wages of the poor: A cost-effective addition to high-frequency food security monitoring |
| title_sort | food prices and the wages of the poor a cost effective addition to high frequency food security monitoring |
| topic | early warning systems food prices food security healthy diets less favoured areas nutrition poverty remuneration |
| url | https://hdl.handle.net/10568/141773 |
| work_keys_str_mv | AT headeyderekd foodpricesandthewagesofthepooracosteffectiveadditiontohighfrequencyfoodsecuritymonitoring AT bachewefantunisrane foodpricesandthewagesofthepooracosteffectiveadditiontohighfrequencyfoodsecuritymonitoring AT marshallquinn foodpricesandthewagesofthepooracosteffectiveadditiontohighfrequencyfoodsecuritymonitoring AT raghunathankalyani foodpricesandthewagesofthepooracosteffectiveadditiontohighfrequencyfoodsecuritymonitoring AT mahrtkristi foodpricesandthewagesofthepooracosteffectiveadditiontohighfrequencyfoodsecuritymonitoring |