Low-Income Household Food Consumption Consequences of Rice Policy and Pandemic Impacts on Income and Price in Thailand
Hoa T.K. Hoang,
Wyatt Thompson and
Sanguk Kwon
Journal of Food Distribution Research, 2021, vol. 52, issue 2
Abstract:
Using Thai household data, we estimated a demand system and analyzed the impacts of changes in rice prices and household income on food consumption, then used these results in four experiments. We found that a trade policy that attempts to reduce domestic prices benefits households in the higher income brackets while negatively affecting low-income, rice-producing households’ food security. Results suggest that an agricultural policy with a view to support food security might have different, if not opposite, distributional impacts on targeted groups.
Keywords: Agricultural and Food Policy; Consumer/Household Economics; International Relations/Trade (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlofdr:317781
DOI: 10.22004/ag.econ.317781
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