Evaluating alternative policy responses to higher world food prices: The case of increasing rice prices in Madagascar
Higher world food prices have led many developing countries to adopt policies to mitigate the impact on low‐income households. This article sets out a partial equilibrium framework to evaluate the efficiency, distributional, and revenue implications of alternative policy responses. The model is appl...
| Autores principales: | , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Wiley
2009
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/162128 |
| _version_ | 1855531753641345024 |
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| author | Coady, David Dorosh, Paul A. Minten, Bart |
| author_browse | Coady, David Dorosh, Paul A. Minten, Bart |
| author_facet | Coady, David Dorosh, Paul A. Minten, Bart |
| author_sort | Coady, David |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Higher world food prices have led many developing countries to adopt policies to mitigate the impact on low‐income households. This article sets out a partial equilibrium framework to evaluate the efficiency, distributional, and revenue implications of alternative policy responses. The model is applied to evaluate tariff reductions and targeted transfers in Madagascar. Although lowering tariffs generates substantial efficiency gains, these accrue mainly to the top half of the welfare distribution, and poor net sellers are actually worse off. Developing a system of targeted direct transfers to poor households is likely to be a substantially more cost‐effective approach to poverty alleviation. |
| format | Journal Article |
| id | CGSpace162128 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2009 |
| publishDateRange | 2009 |
| publishDateSort | 2009 |
| publisher | Wiley |
| publisherStr | Wiley |
| record_format | dspace |
| spelling | CGSpace1621282025-02-19T14:07:39Z Evaluating alternative policy responses to higher world food prices: The case of increasing rice prices in Madagascar Coady, David Dorosh, Paul A. Minten, Bart rice tariffs welfare globalization markets food prices Higher world food prices have led many developing countries to adopt policies to mitigate the impact on low‐income households. This article sets out a partial equilibrium framework to evaluate the efficiency, distributional, and revenue implications of alternative policy responses. The model is applied to evaluate tariff reductions and targeted transfers in Madagascar. Although lowering tariffs generates substantial efficiency gains, these accrue mainly to the top half of the welfare distribution, and poor net sellers are actually worse off. Developing a system of targeted direct transfers to poor households is likely to be a substantially more cost‐effective approach to poverty alleviation. 2009-08 2024-11-21T10:01:17Z 2024-11-21T10:01:17Z Journal Article https://hdl.handle.net/10568/162128 en Limited Access Wiley Coady, David; Dorosh, Paul A.; Minten, Bart. 2009. Evaluating alternative policy responses to higher world food prices. American Journal of Agricultural Economics American Journal of Agricultural Economics 91(3): 711-722 |
| spellingShingle | rice tariffs welfare globalization markets food prices Coady, David Dorosh, Paul A. Minten, Bart Evaluating alternative policy responses to higher world food prices: The case of increasing rice prices in Madagascar |
| title | Evaluating alternative policy responses to higher world food prices: The case of increasing rice prices in Madagascar |
| title_full | Evaluating alternative policy responses to higher world food prices: The case of increasing rice prices in Madagascar |
| title_fullStr | Evaluating alternative policy responses to higher world food prices: The case of increasing rice prices in Madagascar |
| title_full_unstemmed | Evaluating alternative policy responses to higher world food prices: The case of increasing rice prices in Madagascar |
| title_short | Evaluating alternative policy responses to higher world food prices: The case of increasing rice prices in Madagascar |
| title_sort | evaluating alternative policy responses to higher world food prices the case of increasing rice prices in madagascar |
| topic | rice tariffs welfare globalization markets food prices |
| url | https://hdl.handle.net/10568/162128 |
| work_keys_str_mv | AT coadydavid evaluatingalternativepolicyresponsestohigherworldfoodpricesthecaseofincreasingricepricesinmadagascar AT doroshpaula evaluatingalternativepolicyresponsestohigherworldfoodpricesthecaseofincreasingricepricesinmadagascar AT mintenbart evaluatingalternativepolicyresponsestohigherworldfoodpricesthecaseofincreasingricepricesinmadagascar |