Food price spikes: Is a cereal export ban the right response for Ethiopia?

Following the price hikes of 2007–2008 and 2010–2011, many governments in low-income countries implemented food export bans. While several studies investigate the macroeconomic impacts of such bans on large net exporters of grains, only very few country case studies have examined the economy-wide an...

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Main Authors: Aragie, Emerta A., Balié, Jean, Morales-Opazo, Cristian
Format: Journal Article
Language:Inglés
Published: John Wiley & Sons 2020
Subjects:
Online Access:https://hdl.handle.net/10568/142841
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author Aragie, Emerta A.
Balié, Jean
Morales-Opazo, Cristian
author_browse Aragie, Emerta A.
Balié, Jean
Morales-Opazo, Cristian
author_facet Aragie, Emerta A.
Balié, Jean
Morales-Opazo, Cristian
author_sort Aragie, Emerta A.
collection Repository of Agricultural Research Outputs (CGSpace)
description Following the price hikes of 2007–2008 and 2010–2011, many governments in low-income countries implemented food export bans. While several studies investigate the macroeconomic impacts of such bans on large net exporters of grains, only very few country case studies have examined the economy-wide and distributional effects combined. Further, there is a lack of rigorous studies that explicitly analyse cereal export bans as policy responses to external price shocks and their net combined effects, both in the immediate and in the short run. This article evaluates this situation for the case of Ethiopia, a net food-importing country. We find that international price shocks not only do affect domestic prices but could also considerably suppress domestic food production and supplies. A cereal export ban can help stabilize domestic food prices but cannot fully erase the price hike. We, however, note that the ban further discourages domestic cereal production and reduces rural households’ welfare.
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spelling CGSpace1428412025-12-17T08:03:25Z Food price spikes: Is a cereal export ban the right response for Ethiopia? Aragie, Emerta A. Balié, Jean Morales-Opazo, Cristian export controls economic analysis exports cereals welfare welfare economics price volatility food prices grain Following the price hikes of 2007–2008 and 2010–2011, many governments in low-income countries implemented food export bans. While several studies investigate the macroeconomic impacts of such bans on large net exporters of grains, only very few country case studies have examined the economy-wide and distributional effects combined. Further, there is a lack of rigorous studies that explicitly analyse cereal export bans as policy responses to external price shocks and their net combined effects, both in the immediate and in the short run. This article evaluates this situation for the case of Ethiopia, a net food-importing country. We find that international price shocks not only do affect domestic prices but could also considerably suppress domestic food production and supplies. A cereal export ban can help stabilize domestic food prices but cannot fully erase the price hike. We, however, note that the ban further discourages domestic cereal production and reduces rural households’ welfare. 2020-05-01 2024-05-22T12:11:09Z 2024-05-22T12:11:09Z Journal Article https://hdl.handle.net/10568/142841 en Limited Access John Wiley & Sons Aragie, Emerta; Balié, Jean; and Morales-Opazo, Cristian. 2020. Food price spikes: Is a cereal export ban the right response for Ethiopia? Outlook on Agriculture 49(3): 225-234. https://doi.org/10.1177/0030727020915207
spellingShingle export controls
economic analysis
exports
cereals
welfare
welfare economics
price volatility
food prices
grain
Aragie, Emerta A.
Balié, Jean
Morales-Opazo, Cristian
Food price spikes: Is a cereal export ban the right response for Ethiopia?
title Food price spikes: Is a cereal export ban the right response for Ethiopia?
title_full Food price spikes: Is a cereal export ban the right response for Ethiopia?
title_fullStr Food price spikes: Is a cereal export ban the right response for Ethiopia?
title_full_unstemmed Food price spikes: Is a cereal export ban the right response for Ethiopia?
title_short Food price spikes: Is a cereal export ban the right response for Ethiopia?
title_sort food price spikes is a cereal export ban the right response for ethiopia
topic export controls
economic analysis
exports
cereals
welfare
welfare economics
price volatility
food prices
grain
url https://hdl.handle.net/10568/142841
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