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...
| Main Authors: | , , |
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| Format: | Journal Article |
| Language: | EN |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/4770 |