Food Demand, Food Prices and Welfare Analysis utilizing EASI model
David Magana-Lemus,
Ariun Ishdorj () and
C. Rosson
No 150521, 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. from Agricultural and Applied Economics Association
Abstract:
The impacts of rising food prices on poverty and welfare of Mexican households are examined by using a linearized version of the Exact Affine Stone Index (EASI) demand system. The distribution of monetary measures of welfare effects from food price changes is estimated as well as equivalence scales that allow inter-household comparison of welfare changes. After accounting for substitution effects, poverty related impacts were estimated. Findings indicate that the increase in prices of five food groups from 2006 to 2010 has led to an increment of 1.8 percentage points in the proportion of households with income below the food poverty line.
Keywords: Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Public Economics; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 22
Date: 2013
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea13:150521
DOI: 10.22004/ag.econ.150521
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