Impacts of the Global Food Price Crisis on Household Welfare and Poverty in Lao PDR

Shinya Takamatsu

No 33, GSICS Working Paper Series from Graduate School of International Cooperation Studies, Kobe University

Abstract: This paper evaluates the impacts of the 2007-2008 food price crisis, especially price increases of rice, on household welfare and poverty in Laos that is atypical in that glutinous rice is the main staple. With a nationally representative household survey, net sellers and buyers of ordinary and glutinous rice are identified, and consumer and producer price data are analyzed. The study found that the impact of the food price crisis in 2007-2008 was negligible. This is mainly because the role of ordinary rice in sales and purchases in Laos is not as significant as in other Southeast Asian countries. However, with hypothetical higher growth rates for increases of glutinous rice, the change in household welfare for the average Lao household is neutral, but it is positive in rural areas and negative in urban areas.

Keywords: food price crisis; Lao PDR; poverty; household welfare; glutinous rice (search for similar items in EconPapers)
Pages: 39 pages
Date: 2018-10
New Economics Papers: this item is included in nep-agr, nep-dev and nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:kcs:wpaper:33

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