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...

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Bibliographic Details
Main Authors: Coady, David, Dorosh, Paul, Minten, Bart
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5538
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recordtype oai_dc
spelling okr-10986-55382021-04-23T14:02:22Z Evaluating Alternative Policy Responses to Higher World Food Prices : The Case of Increasing Rice Prices in Madagascar Coady, David Dorosh, Paul Minten, Bart Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Agriculture in International Trade Q170 Agricultural Policy Food Policy Q180 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. 2012-03-30T07:33:19Z 2012-03-30T07:33:19Z 2009 Journal Article American Journal of Agricultural Economics 00029092 http://hdl.handle.net/10986/5538 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Madagascar
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Economic Development: Agriculture
Natural Resources
Energy
Environment
Other Primary Products O130
Agriculture in International Trade Q170
Agricultural Policy
Food Policy Q180
spellingShingle Economic Development: Agriculture
Natural Resources
Energy
Environment
Other Primary Products O130
Agriculture in International Trade Q170
Agricultural Policy
Food Policy Q180
Coady, David
Dorosh, Paul
Minten, Bart
Evaluating Alternative Policy Responses to Higher World Food Prices : The Case of Increasing Rice Prices in Madagascar
geographic_facet Madagascar
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
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
author Coady, David
Dorosh, Paul
Minten, Bart
author_facet Coady, David
Dorosh, Paul
Minten, Bart
author_sort Coady, David
title 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_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_sort evaluating alternative policy responses to higher world food prices : the case of increasing rice prices in madagascar
publishDate 2012
url http://hdl.handle.net/10986/5538
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