The impact of food price volatility on consumer welfare in Cameroon

Gilles Quentin Kane, Gwladys Laure Mabah Tene (), Jean-Joël Ambagna, Isabelle Piot-Lepetit () and Fondo Sikod ()
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Gwladys Laure Mabah Tene: Université de Yaoundé II
Jean-Joël Ambagna: Université de Yaoundé II
Isabelle Piot-Lepetit: Marchés, Organisations, Institutions et Stratégies d'Acteurs - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - INRA - Institut National de la Recherche Agronomique - CIHEAM-IAMM - Centre International de Hautes Etudes Agronomiques Méditerranéennes - Institut Agronomique Méditerranéen de Montpellier - CIHEAM - Centre International de Hautes Études Agronomiques Méditerranéennes - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier
Fondo Sikod: Université de Yaoundé II

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Abstract: The objective of this paper is to analyse the welfare effects of food price volatility on Cameroonian consumers. Using data from the third Cameroonian Household Consumption Surveys, the price elasticities are obtained from a Quadratic Almost Ideal Demand System model. Price elasticities are then used to evaluate the distributional impacts of food price changes in terms of compensating variation. The paper finds that: (a) poor households are the most affected by food price volatility and (b) the welfare losses from food price volatility depend on the extent of any price hike.

Keywords: price volatility; consumer welfare; cameroon (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-agr
Note: View the original document on HAL open archive server: https://hal.inrae.fr/hal-02801351v1
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Citations: View citations in EconPapers (4)

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