Welfare impacts of increasing food prices in Mexico: an application of unrestricted Engel curves and LA/EASI demand system

David Magana-Lemus, Ariun Isdorj and C. Rosson

No 143057, 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida from Southern Agricultural Economics Association

Abstract: This paper examines the impacts of rising food prices on welfare of Mexican households by using LA/EASI demand system. Estimated welfare effects from food price increases differ considerably for two reference households. Lower-income reference household’s welfare loss, from a tortilla price increase, is two-fold that on higher-income reference household. This fact may have implications on food poverty.

Keywords: Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Security and Poverty (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:saea13:143057

DOI: 10.22004/ag.econ.143057

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