Middle East and North Africa Countries' Vulnerability to Commodity Price Increases

Josef Loening
Authors registered in the RePEc Author Service: Elena Ivanova Ianchovichina

MPRA Paper from University Library of Munich, Germany

Abstract: New estimates of pass-through coefficients for the Middle East and North Africa indicate that a rise of global food prices is transmitted to a significant degree into domestic food prices. Over the past decade, transmission from international to domestic prices has been particularly high for Egypt, Iraq, Djibouti, United Arab Emirates and West Bank and Gaza, while being particularly low in Tunisia and Algeria. Where international food price increases translate into domestic prices, overall inflation tends to be higher.

Keywords: Price transmission; inflation; food prices; Middle East and North Africa (search for similar items in EconPapers)
JEL-codes: E31 N15 N17 O23 (search for similar items in EconPapers)
Date: 2011-05
New Economics Papers: this item is included in nep-agr, nep-ara and nep-opm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in World Bank Middle East and North Africa Region Regional Economic Update.Facing(2011): pp. 17-22

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https://mpra.ub.uni-muenchen.de/33444/1/MPRA_paper_33444.pdf revised version (application/pdf)

Related works:
Working Paper: How vulnerable are Arab countries to global food price shocks ? (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:33393

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