Supply Response to Food Price Changes in Asian Countries

Katsushi Imai, Raghav Gaiha, Ganesh Thapa and Abdilahi Ali
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Raghav Gaiha: University of Delhi
Ganesh Thapa: International Fund for Agricultural Development

Chapter 16 in Institutions and Comparative Economic Development, 2012, pp 313-331 from Palgrave Macmillan

Abstract: Abstract Primary commodity prices have been increasing, especially since the early 2000s and at an accelerated pace during 2007–08, with implications for food security in the developing world. Against this backdrop, much recent research has focussed on understanding the causes and consequences of food price increases. The objective of the present analysis is to examine how food commodity and input prices have affected the supply of the former in 10 Asian economies. This analysis assumes greater significance in the context of the recent surge in oil and food prices, and its persistence. If, for example, oil prices continue to rise — as feared on present evidence — the food price surge may also persist.

Keywords: Ordinary Little Square; Food Price; Input Price; Supply Response; Rice Price (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-137-03401-4_17

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DOI: 10.1057/9781137034014_17

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