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The relevance of market prices for the design of transfer programs in response to food insecurity

Alessandro De Matteis, Frank Ellis and Ivan Valdes

The Quarterly Review of Economics and Finance, 2017, vol. 66, issue C, 202-211

Abstract: This paper focuses on the use of market prices as discriminatory factors for the selection of strategies in response to conditions of food insecurity according to the comparative efficiency of different strategies. A classical production model has been used to define the conditions of relative advantage of different response options and to capture the effect of some contextual variables on such conditions. This type of approach can be quite useful when trying to optimise response strategy through its geographical diversification or adjustment over time.

Keywords: Cash transfers; Market functioning; Aid; Cost-efficiency; Food security (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:eee:quaeco:v:66:y:2017:i:c:p:202-211