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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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 |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
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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 |
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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 |
_version_ |
1764395409760845824 |