Food Security Policy in a Stochastic World

Irma Adelman and Peter Berck

Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series from Department of Agricultural & Resource Economics, UC Berkeley

Abstract: Food security may be increased by variance-reducing strategies, by food aid, or by development strategies. This paper uses a Korea CGE model, subjected to random fluctuation in world-prices and domestic food productivity, to evaluate these policies. We find that poverty-reducing development strategies are the most effective food-security strategies.

Keywords: agricultural policies; food aid; prices; risk; stochastic models (search for similar items in EconPapers)
Date: 1989-02-01
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Food security policy in a stochastic world (1990)
Working Paper: Food security policy in a stochastic world (1989)
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Persistent link: https://EconPapers.repec.org/RePEc:cdl:agrebk:qt2mc7132p

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