Impact of Rising Rice Prices and Policy Responses in Mali : Simulations with a Dynamic CGE Model

The increase in the international price of rice is likely to have substantial negative impacts on the poor in countries such as Mali which are net importers of rice. This paper relies on a dynamic CGE model to estimate the likely impact of the rece...

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Main Authors:	Nouve, Kofi, Wodon, Quentin
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	AGGREGATE DEMAND AGRARIAN ECONOMY AGRICULTURAL ACTIVITIES AGRICULTURAL ECONOMICS AGRICULTURAL HOUSEHOLDS AGRICULTURAL PRODUCTIVITY AGRICULTURAL WAGE AGRICULTURAL WORKERS AGRICULTURE AVERAGE PRICE BASE YEAR BREAD CASH CROPS CEREALS COMMODITY CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICES CONSUMERS CORN DEMAND ANALYSIS DEVELOPMENT POLICY DISPOSABLE INCOME DOMESTIC MARKET DYNAMIC ANALYSIS ELASTICITY ELASTICITY OF SUBSTITUTION ESTIMATES OF POVERTY EXPENDITURE EXPENDITURES EXPORTS EXTERNAL MARKET FAIR FARM FARMERS FERTILIZERS FOOD CROP FOOD CROP PRODUCTION FOOD CROPS FOOD POLICY FOOD POLICY RESEARCH FOOD PRICE FOOD PRICES FOOD PRODUCTION FOOD SECURITY GDP GENERAL EQUILIBRIUM ANALYSIS GLOBAL POVERTY HOME MARKET HOUSEHOLD CONSUMPTION HOUSEHOLD PER CAPITA INCOME HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT IFPRI IMPACT OF SHOCKS IMPACT ON POVERTY IMPERFECT SUBSTITUTES INCOME DISTRIBUTION INFLATION INFLATION RATE INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE LABOR FORCE LABOR MARKET MARGINAL PROPENSITY TO SAVE MARGINAL VALUE MARKET DEMAND MARKET EQUILIBRIUM MARKET SUPPLY MARKETING MILLET OPEN ECONOMY PADDY PER CAPITA CONSUMPTION PER CAPITA INCOME POOR POVERTY ANALYSIS POVERTY DYNAMICS POVERTY ESTIMATES POVERTY GAP POVERTY IMPACT POVERTY LINE POVERTY MEASURES POVERTY REDUCTION PRICE CHANGES PRICE INCREASE PRODUCER PRICE PRODUCER PRICES PRODUCTION INCREASES PRODUCTION OF PADDY PRODUCTION OF RICE PRODUCTIVITY PROFIT MAXIMIZATION PUBLIC SPENDING RICE MILLING RICE PRICE RICE PRICES RICE PRODUCTION RURAL RURAL ACTIVITIES RURAL HOUSEHOLD RURAL HOUSEHOLDS RURAL POOR RURAL WELFARE SALES SAVINGS SEEDS SORGHUM STATIC EQUILIBRIUM STATISTICAL DATA STOCKS SUB-SAHARAN AFRICA TAXATION TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE LIBERALIZATION TRADE POLICY UTILITY MAXIMIZATION VALUE ADDED WAGE DETERMINATION WAGES WHEAT WORLD MARKETS YIELDS
Online Access:	http://documents.worldbank.org/curated/en/2008/10/9900057/impact-rising-rice-prices-policy-responses-mali-simulations-dynamic-cge-model http://hdl.handle.net/10986/6939

id	okr-10986-6939
recordtype	oai_dc
spelling	okr-10986-69392021-04-23T14:02:32Z Impact of Rising Rice Prices and Policy Responses in Mali : Simulations with a Dynamic CGE Model Nouve, Kofi Wodon, Quentin AGGREGATE DEMAND AGRARIAN ECONOMY AGRICULTURAL ACTIVITIES AGRICULTURAL ECONOMICS AGRICULTURAL HOUSEHOLDS AGRICULTURAL PRODUCTIVITY AGRICULTURAL WAGE AGRICULTURAL WORKERS AGRICULTURE AVERAGE PRICE BASE YEAR BREAD CASH CROPS CEREALS COMMODITY CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICES CONSUMERS CORN DEMAND ANALYSIS DEVELOPMENT POLICY DISPOSABLE INCOME DOMESTIC MARKET DYNAMIC ANALYSIS ELASTICITY ELASTICITY OF SUBSTITUTION ESTIMATES OF POVERTY EXPENDITURE EXPENDITURES EXPORTS EXTERNAL MARKET FAIR FARM FARMERS FERTILIZERS FOOD CROP FOOD CROP PRODUCTION FOOD CROPS FOOD POLICY FOOD POLICY RESEARCH FOOD PRICE FOOD PRICES FOOD PRODUCTION FOOD SECURITY GDP GENERAL EQUILIBRIUM ANALYSIS GLOBAL POVERTY HOME MARKET HOUSEHOLD CONSUMPTION HOUSEHOLD PER CAPITA INCOME HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT IFPRI IMPACT OF SHOCKS IMPACT ON POVERTY IMPERFECT SUBSTITUTES INCOME DISTRIBUTION INFLATION INFLATION RATE INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE LABOR FORCE LABOR MARKET MARGINAL PROPENSITY TO SAVE MARGINAL VALUE MARKET DEMAND MARKET EQUILIBRIUM MARKET SUPPLY MARKETING MILLET OPEN ECONOMY PADDY PER CAPITA CONSUMPTION PER CAPITA INCOME POOR POVERTY ANALYSIS POVERTY DYNAMICS POVERTY ESTIMATES POVERTY GAP POVERTY IMPACT POVERTY LINE POVERTY MEASURES POVERTY REDUCTION PRICE CHANGES PRICE INCREASE PRODUCER PRICE PRODUCER PRICES PRODUCTION INCREASES PRODUCTION OF PADDY PRODUCTION OF RICE PRODUCTIVITY PROFIT MAXIMIZATION PUBLIC SPENDING RICE MILLING RICE PRICE RICE PRICES RICE PRODUCTION RURAL RURAL ACTIVITIES RURAL HOUSEHOLD RURAL HOUSEHOLDS RURAL POOR RURAL WELFARE SALES SAVINGS SEEDS SORGHUM STATIC EQUILIBRIUM STATISTICAL DATA STOCKS SUB-SAHARAN AFRICA TAXATION TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE LIBERALIZATION TRADE POLICY UTILITY MAXIMIZATION VALUE ADDED WAGE DETERMINATION WAGES WHEAT WORLD MARKETS YIELDS The increase in the international price of rice is likely to have substantial negative impacts on the poor in countries such as Mali which are net importers of rice. This paper relies on a dynamic CGE model to estimate the likely impact of the recent increase in rice prices on poverty with and without policy responses. Two sets of policy responses are considered: import tax cuts on rice and measures to increase productivity of domestic rice production. The results suggest that an increase in productivity would have a much larger positive impact than a reduction in taxes. 2012-06-01T21:38:23Z 2012-06-01T21:38:23Z 2008-10 http://documents.worldbank.org/curated/en/2008/10/9900057/impact-rising-rice-prices-policy-responses-mali-simulations-dynamic-cge-model http://hdl.handle.net/10986/6939 English Policy Research Working Paper; No. 4739 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa Mali
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	AGGREGATE DEMAND AGRARIAN ECONOMY AGRICULTURAL ACTIVITIES AGRICULTURAL ECONOMICS AGRICULTURAL HOUSEHOLDS AGRICULTURAL PRODUCTIVITY AGRICULTURAL WAGE AGRICULTURAL WORKERS AGRICULTURE AVERAGE PRICE BASE YEAR BREAD CASH CROPS CEREALS COMMODITY CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICES CONSUMERS CORN DEMAND ANALYSIS DEVELOPMENT POLICY DISPOSABLE INCOME DOMESTIC MARKET DYNAMIC ANALYSIS ELASTICITY ELASTICITY OF SUBSTITUTION ESTIMATES OF POVERTY EXPENDITURE EXPENDITURES EXPORTS EXTERNAL MARKET FAIR FARM FARMERS FERTILIZERS FOOD CROP FOOD CROP PRODUCTION FOOD CROPS FOOD POLICY FOOD POLICY RESEARCH FOOD PRICE FOOD PRICES FOOD PRODUCTION FOOD SECURITY GDP GENERAL EQUILIBRIUM ANALYSIS GLOBAL POVERTY HOME MARKET HOUSEHOLD CONSUMPTION HOUSEHOLD PER CAPITA INCOME HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT IFPRI IMPACT OF SHOCKS IMPACT ON POVERTY IMPERFECT SUBSTITUTES INCOME DISTRIBUTION INFLATION INFLATION RATE INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE LABOR FORCE LABOR MARKET MARGINAL PROPENSITY TO SAVE MARGINAL VALUE MARKET DEMAND MARKET EQUILIBRIUM MARKET SUPPLY MARKETING MILLET OPEN ECONOMY PADDY PER CAPITA CONSUMPTION PER CAPITA INCOME POOR POVERTY ANALYSIS POVERTY DYNAMICS POVERTY ESTIMATES POVERTY GAP POVERTY IMPACT POVERTY LINE POVERTY MEASURES POVERTY REDUCTION PRICE CHANGES PRICE INCREASE PRODUCER PRICE PRODUCER PRICES PRODUCTION INCREASES PRODUCTION OF PADDY PRODUCTION OF RICE PRODUCTIVITY PROFIT MAXIMIZATION PUBLIC SPENDING RICE MILLING RICE PRICE RICE PRICES RICE PRODUCTION RURAL RURAL ACTIVITIES RURAL HOUSEHOLD RURAL HOUSEHOLDS RURAL POOR RURAL WELFARE SALES SAVINGS SEEDS SORGHUM STATIC EQUILIBRIUM STATISTICAL DATA STOCKS SUB-SAHARAN AFRICA TAXATION TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE LIBERALIZATION TRADE POLICY UTILITY MAXIMIZATION VALUE ADDED WAGE DETERMINATION WAGES WHEAT WORLD MARKETS YIELDS
spellingShingle	AGGREGATE DEMAND AGRARIAN ECONOMY AGRICULTURAL ACTIVITIES AGRICULTURAL ECONOMICS AGRICULTURAL HOUSEHOLDS AGRICULTURAL PRODUCTIVITY AGRICULTURAL WAGE AGRICULTURAL WORKERS AGRICULTURE AVERAGE PRICE BASE YEAR BREAD CASH CROPS CEREALS COMMODITY CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICES CONSUMERS CORN DEMAND ANALYSIS DEVELOPMENT POLICY DISPOSABLE INCOME DOMESTIC MARKET DYNAMIC ANALYSIS ELASTICITY ELASTICITY OF SUBSTITUTION ESTIMATES OF POVERTY EXPENDITURE EXPENDITURES EXPORTS EXTERNAL MARKET FAIR FARM FARMERS FERTILIZERS FOOD CROP FOOD CROP PRODUCTION FOOD CROPS FOOD POLICY FOOD POLICY RESEARCH FOOD PRICE FOOD PRICES FOOD PRODUCTION FOOD SECURITY GDP GENERAL EQUILIBRIUM ANALYSIS GLOBAL POVERTY HOME MARKET HOUSEHOLD CONSUMPTION HOUSEHOLD PER CAPITA INCOME HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN DEVELOPMENT IFPRI IMPACT OF SHOCKS IMPACT ON POVERTY IMPERFECT SUBSTITUTES INCOME DISTRIBUTION INFLATION INFLATION RATE INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE LABOR FORCE LABOR MARKET MARGINAL PROPENSITY TO SAVE MARGINAL VALUE MARKET DEMAND MARKET EQUILIBRIUM MARKET SUPPLY MARKETING MILLET OPEN ECONOMY PADDY PER CAPITA CONSUMPTION PER CAPITA INCOME POOR POVERTY ANALYSIS POVERTY DYNAMICS POVERTY ESTIMATES POVERTY GAP POVERTY IMPACT POVERTY LINE POVERTY MEASURES POVERTY REDUCTION PRICE CHANGES PRICE INCREASE PRODUCER PRICE PRODUCER PRICES PRODUCTION INCREASES PRODUCTION OF PADDY PRODUCTION OF RICE PRODUCTIVITY PROFIT MAXIMIZATION PUBLIC SPENDING RICE MILLING RICE PRICE RICE PRICES RICE PRODUCTION RURAL RURAL ACTIVITIES RURAL HOUSEHOLD RURAL HOUSEHOLDS RURAL POOR RURAL WELFARE SALES SAVINGS SEEDS SORGHUM STATIC EQUILIBRIUM STATISTICAL DATA STOCKS SUB-SAHARAN AFRICA TAXATION TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE LIBERALIZATION TRADE POLICY UTILITY MAXIMIZATION VALUE ADDED WAGE DETERMINATION WAGES WHEAT WORLD MARKETS YIELDS Nouve, Kofi Wodon, Quentin Impact of Rising Rice Prices and Policy Responses in Mali : Simulations with a Dynamic CGE Model
geographic_facet	Africa Mali
relation	Policy Research Working Paper; No. 4739
description	The increase in the international price of rice is likely to have substantial negative impacts on the poor in countries such as Mali which are net importers of rice. This paper relies on a dynamic CGE model to estimate the likely impact of the recent increase in rice prices on poverty with and without policy responses. Two sets of policy responses are considered: import tax cuts on rice and measures to increase productivity of domestic rice production. The results suggest that an increase in productivity would have a much larger positive impact than a reduction in taxes.
format	Publications & Research :: Policy Research Working Paper
author	Nouve, Kofi Wodon, Quentin
author_facet	Nouve, Kofi Wodon, Quentin
author_sort	Nouve, Kofi
title	Impact of Rising Rice Prices and Policy Responses in Mali : Simulations with a Dynamic CGE Model
title_short	Impact of Rising Rice Prices and Policy Responses in Mali : Simulations with a Dynamic CGE Model
title_full	Impact of Rising Rice Prices and Policy Responses in Mali : Simulations with a Dynamic CGE Model
title_fullStr	Impact of Rising Rice Prices and Policy Responses in Mali : Simulations with a Dynamic CGE Model
title_full_unstemmed	Impact of Rising Rice Prices and Policy Responses in Mali : Simulations with a Dynamic CGE Model
title_sort	impact of rising rice prices and policy responses in mali : simulations with a dynamic cge model
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2008/10/9900057/impact-rising-rice-prices-policy-responses-mali-simulations-dynamic-cge-model http://hdl.handle.net/10986/6939
_version_	1764401372010119168

Impact of Rising Rice Prices and Policy Responses in Mali : Simulations with a Dynamic CGE Model

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