Soaring food prices and food security: Does the income effect matter?

Gedara, Pradeepa Korale; Ratnasiri, Shyama; Bandaralage, Jayatilleke

doi:10.1080/13504851.2012.667538

Cited by 10 publications

(8 citation statements)

References 10 publications

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“…For example, Figure shows the real agricultural wage in Bangladesh in terms of rice equivalents; it suggests that wage (income) growth was adequate to ensure that higher food prices did not produce any large increase in food security. A similar conclusion emerged from a study of calorie intake in Sri Lankan households that concluded that “the significant negative impact on food security caused by food price escalation has been offset by the rapid increase in income” (Korale‐Gedera, Ratnasiri and Bandara, : p. 1810).…”

Section: Impact and Policy Responsesmentioning

confidence: 60%

Food Security in Asia: Recent Experiences, Issues and Challenges

Jayasuriya

Mudbhary

Broca

2013

J of App Econs and Policy

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After the sharp food price increases of 2007–2008 food security has once again become a major issue of global concern. When that food price spike was followed by the global financial crisis of 2008, a large increase in the number of food insecure people in Asia was widely expected. But Asian countries managed to avoid such a sharp increase in food insecurity, even though sharp price spikes have recurred since then. In this paper we show how government policy measures largely insulated consumers from severe price increases and maintained food security, but note that this success came at a price. In particular, the global food trading system was weakened, producer incentives were further distorted, and policies that may impose high long‐term efficiency costs became more deeply entrenched. Major policy challenges need to be addressed to ensure Asia's food security over the coming decades.

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Section: Impact and Policy Responsesmentioning

confidence: 60%

Food Security in Asia: Recent Experiences, Issues and Challenges

Jayasuriya

Mudbhary

Broca

2013

J of App Econs and Policy

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“…In this paper the implications of increasing real incomes and food prices on food security is analysed using the food consumption behaviour of consumers. We use a simple analytical model, which is an extended version of the model presented in Korale-Gedara et al (2012). To begin with, we pick an average consumer 'i' from the sector 'j', (where j=1..J and J=3).…”

Section: Analytical Frameworkmentioning

confidence: 99%

Changing Incomes and Food Prices: The Implications for Rural and Urban Food Security in Sri Lanka

Ratnasiri

Bandara

Korale-Gedara

2015

Sri Lankan J Agric Econ

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Although rising food prices have hit hard on a large number of households in many developing countries, the vulnerability in terms of food security varies across different household sectors within a country. In this study we have developed a simple analytical model and used it to examine the food security vulnerability across different households to a shock in food prices by using three commonly-known household sectors (urban, rural, estate)in Sri Lanka. In particular, we have estimated the combined impact of income and price rises on food security of these sectors. Our empirical results suggest that the overall food security in all three household groups (measured in terms of real food consumption above the poverty line food consumption) has been marginally decreasing over time in Sri Lanka. Furthermore, the negative effect of rising food prices has been partially offset by the positive income effect in all three household sectors. The results also suggest that the urban sector is highly vulnerable to a food price shock than the other two sectors. The least vulnerable group is the rural sector, whilst the estate sector lies in the middle.

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“…Additionally, indices such as Global Food Security Index, Poverty and Hunger Index, Global Hunger Index, and Hunger Reduction Commitment Index are proposed to measure food security. In empirical studies, besides per capita food expenditures and food consumption diversity, inadequate calorie consumption is frequently used as an indicator of food insecurity (Dawson, 1997;Dawson and Tiffin, 1998;Dawson and Sanjuan, 2011;Korale-Gedara et al 2012;Sanjuan and Dawson, 2004). In empirical studies, besides per capita food expenditures and food consumption diversity, inadequate calorie consumption is frequently used as an indicator of food insecurity (Dawson, 1997;Dawson and Tiffin, 1998;Dawson and Sanjuan, 2011;Korale-Gedara et al 2012;Sanjuan and Dawson, 2004).…”

Section: Introductionmentioning

confidence: 99%

“…See Caifero (2013), Headey and Ecker (2013), Pinstrup-Anderson (2009) and Santeramo (2015aSanteramo ( , 2015b for the discussion of the measurements of food security. In empirical studies, besides per capita food expenditures and food consumption diversity, inadequate calorie consumption is frequently used as an indicator of food insecurity (Dawson, 1997;Dawson and Tiffin, 1998;Dawson and Sanjuan, 2011;Korale-Gedara et al 2012;Sanjuan and Dawson, 2004). If a person's daily calorie intake is less than the minimum level determined by international nutrition experts, then that person is regarded to be food insecure.…”

Section: Introductionmentioning

confidence: 99%

Remittances and Calorie Consumption Nexus in Algeria

Akçay

Karasoy

2017

International Migration

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This study investigates the cointegration and causal relationships between remittances and calorie consumption as an indicator of food security in Algeria. We estimate the calorie demand function for the period 1970‐2008, using two different cointegration tests Johansen and Juselius () and autoregressive distributed lag (ARDL) bounds testing approach proposed by Pesaran et al. () and Granger causality test based on Vector Error Correction Model. We find that: (1) GDP per capita affects calorie consumption positively and significantly; (2) income elasticity of calorie consumption is 0.16 in the short run and 0.60 in the long run; (3) remittances positively and significantly influence calorie consumption in the long run; (4) remittance elasticity of calorie consumption is 0.05 in the long run; (5) based on the causality test remittances influence calorie consumption directly and indirectly via GDP per capita in the long run.

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Soaring food prices and food security: Does the income effect matter?

Cited by 10 publications

References 10 publications

Food Security in Asia: Recent Experiences, Issues and Challenges

Food Security in Asia: Recent Experiences, Issues and Challenges

Changing Incomes and Food Prices: The Implications for Rural and Urban Food Security in Sri Lanka

Remittances and Calorie Consumption Nexus in Algeria

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