Effects of Global Economic Slowdown on Rice Food Security in Asia

Harold Glenn Valera (), Axel Tonini, Imelda Molina, Mary Joanne Fider and Samarendu Mohanty

No 290556, 2011 ASAE 7th International Conference, October 13-15, Hanoi, Vietnam from Asian Society of Agricultural Economists (ASAE)

Abstract: This paper analyzed the impact of economic slowdown on rice consumption in Asia using a partial equilibrium model following the assumptions of a decline in income and constant world oil prices. Simulation results suggested that with a 5% drop in real per capita GDP and constant world oil prices, rice consumption in Asia would increase. However, the overall increase in rice consumption due to decline in income is pulled down by positive income elasticity in Bangladesh, Cambodia, Myanmar, Pakistan and the Philippines.

Keywords: Crop Production/Industries; Food Security and Poverty (search for similar items in EconPapers)
Pages: 14
Date: 2011-10-13
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Persistent link: https://EconPapers.repec.org/RePEc:ags:asae11:290556

DOI: 10.22004/ag.econ.290556

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