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Object Description
| Rating | |
| Title | Higher fuel and food prices |
| Subtitle | Economic impacts and responses for Mozambique |
| Author |
Arndt, Channing Benfica, Rui Maximiano, Nelson Nucifora, Antonio M.D. Thurlow, James |
| ORCID | http://orcid.org/0000-0003-3414-374X Thurlow, James; |
| Year | 2008 |
| Abstract | "Rising world prices for fuel and food represent a negative terms-of-trade shock for Mozambique. The impacts of these price increases are analyzed using various approaches. Detailed price data show that the world price increases are being transmitted to domestic prices. Short-run net benefit ratio analysis indicates that urban households and households in the southern region of the country are more vulnerable to food price increases. Rural households, particularly in the northern and central parts of Mozambique, often benefit because they sell more food goods than they consume (i.e., net seller). Long-term analysis using a computable general equilibrium model of Mozambique indicates that the fuel price shock dominates rising food prices from both macroeconomic and poverty perspectives. Here again, negative impacts are greater in urban areas than in rural areas. The importance of agricultural production response in general, and export response in particular, are highlighted in this discussion. Policy analysis reveals difficult trade-offs between short-run mitigation and long-run growth. Improved agricultural productivity has powerful positive impacts, but remains difficult to achieve and may not address the immediate impacts of higher prices. " --from authors' abstract |
| Series Name | IFPRI Discussion Paper |
| Series Number | 836 |
| Publisher | International Food Policy Research Institute (IFPRI) |
| Place of publication | Washington, D.C. |
| Language | English |
| Record Type | Discussion paper |
| Peer Reviewed - PR or Non-PR | Non-PR |
| Subject - country location |
MOZAMBIQUE SOUTHERN AFRICA AFRICA SOUTH OF SAHARA |
| Subject - keywords |
Price transmission Terms-of-trade shocks food security Food prices Development strategies Bioenergy |
| JEL Descriptors |
O13 Economic Development: Agriculture, Natural Resources, Energy, Environment, Other Primary Products Q18 Agricultural Policy, Food Policy |
| IFPRI Descriptors |
IFPRI1 GRP32 MozSSP |
| IFPRI Division | DSGD |
| LOC call number | IFPRIDP00836 |
| Physical description | 24 pages |
| IFPRI Web link | http://www.ifpri.org/publication/higher-fuel-and-food-prices |
| Requests | mailto:ifpri-library@cgiar.org |
| CONTENTdm file name | 23011.cpd |
| Date cataloged | 2015-11-09 |
| Date modified | 2015-11-09 |
| OCLC number | 778453704 |
| CONTENTdm number | 23010 |
Description
| Title | ifpridp00836 1 |
| Requests | mailto:ifpri-library@cgiar.org |
| CONTENTdm file name | 22979.pdfpage |
| Date cataloged | 2011-07-07 |
| Date modified | 2011-07-07 |
| CONTENTdm number | 22978 |
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