Standard microeconomic methods consistently suggest that, in the short run, higher food prices increase poverty in developing countries. In contrast, macroeconomic models that allow for an agricultural supply response and consequent wage adjustments suggest that the poor ultimately benefit from...

The development debate in Africa south of the Sahara is often cast as “agriculture versus nonagriculture.†Yet this view overlooks the heterogeneity within these broad sectors and the synergies between them. We estimate sectoral poverty–growth elasticities using economywide...