Raising food prices and welfare change: a simple calibration

被引:13
作者
Yu, Xiaohua [1 ]
机构
[1] Univ Gottingen, Courant Res Ctr Poverty Equ & Growth, D-37073 Gottingen, Germany
关键词
low-income countries; food price; compensating variation; welfare loss; Q11; I32; HOUSEHOLD WELFARE; IMPACTS;
D O I
10.1080/13504851.2013.879281
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article proposes a simple and straightforward method which only requires the information of expenditure share and the compensated own price elasticity to calibrate ex ante consumer welfare change due to price change, while specific price information is not required. It is applied to calculate the welfare loss due to recent food price inflation and find that recent food price inflation after January 2009 in the world causes 22%, 14% and 9% welfare loss, respectively, for low-, middle- and high-income countries.
引用
收藏
页码:643 / 645
页数:3
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