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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9555 |
DP9555 Food Price Spikes, Price Insulation, and Poverty | |
Kym Anderson; Will Martin; Maros Ivanic | |
发表日期 | 2013-07-14 |
出版年 | 2013 |
语种 | 英语 |
摘要 | This paper has two purposes. It first considers the impact on world food prices of the changes in restrictions on trade in staple foods during the 2008 world food price crisis. Those changes?reductions in import protection or increases in export restraints?were meant to partially insulate domestic markets from the spike in international prices. We find that this insulation added substantially to the spike in international prices for rice, wheat, maize and oilseeds. As a result, while domestic prices rose less than they would have without insulation in some developing countries, in many other countries they rose more than in the absence of such insulation. The paper?s second purpose it to estimate the combined impact of such insulating behavior on poverty in various developing countries and globally. We find that the actual poverty-reducing impact of insulation is much less than its apparent impact, and that its net effect was to increase global poverty in 2008 by 8 million, although this increase was not significantly different from zero. Since there are domestic policy instruments such as conditional cash transfers that could now provide social protection for the poor far more efficiently and equitably than variations in border restrictions, we suggest it is time to seek a multilateral agreement to desist from changing restrictions on trade when international food prices spike. |
主题 | International Trade and Regional Economics |
关键词 | Commodity price stabilization Domestic market insulation International price transmission Loss aversion |
URL | https://cepr.org/publications/dp9555 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538391 |
推荐引用方式 GB/T 7714 | Kym Anderson,Will Martin,Maros Ivanic. DP9555 Food Price Spikes, Price Insulation, and Poverty. 2013. |
条目包含的文件 | 条目无相关文件。 |
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