The Effects of a Large Discrete Maize Price Increase on the Distribution of Household Welfare and Poverty in Rural Kenya

The Effects of a Large Discrete Maize Price Increase on the Distribution of Household Welfare and Poverty in Rural Kenya

This study estimates the effects of a large discrete maize price increase on the welfare of a sample of rural Kenyan households. The usual first-order welfare approximation formula is extended to a second-order formula that allows for supply and demand responses to the price change. Results show tha...

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Bibliographic Details
Main Authors: Mghenyi, Elliot, Myers, Robert J., Jayne, T. S.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Allocative Efficiency
Cost-Benefit Analysis D610
Measurement and Analysis of Poverty I320
Economic Development: Agriculture
Natural Resources
Energy
Environment
Other Primary Products O130
Agriculture: Aggregate Supply and Demand Analysis
Prices Q110
Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets Q120
Online Access:http://hdl.handle.net/10986/4770

Internet

http://hdl.handle.net/10986/4770

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