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Rising world prices for fuel and food represent a negative terms-of-trade shock for Mozambique. The impacts of these … Mozambique indicates that the fuel price shock dominates rising food prices from both macroeconomic and poverty perspectives …
Persistent link: https://www.econbiz.de/10012561718
The 2007-09 price shocks affected in particular the prices of food commodities and fuel. As a consequence, Mozambique experienced reduced exports, more expensive imports and increased food and oil prices, contributing to the stagnant poverty rates registered in 2008/9. Our analysis finds, first,...
Persistent link: https://www.econbiz.de/10009727283
This paper replicates and extends the study of Zhang et al. (2010): „Food versus fuel: What do prices tell us?" Energy Policy 38, pp. 445-451. We confirm the findings of the original paper that there was only a weak relationship between ethanol and food commodities in the period between March...
Persistent link: https://www.econbiz.de/10011758410
Persistent link: https://www.econbiz.de/10011746617
The 2007-09 price shocks affected in particular the prices of food commodities and fuel. As a consequence, Mozambique experienced reduced exports, more expensive imports and increased food and oil prices, contributing to the stagnant poverty rates registered in 2008/9. Our analysis finds, first,...
Persistent link: https://www.econbiz.de/10010319858
the regional shock plays a pivotal role in explaining the variations of domestic food prices, particularly at medium- to … long-term horizons. Contrary to conventional belief, the world food price shock contributes little to the dynamics of … world market. The short-run movements of domestic food prices are accounted for largely by the country's own shock. Taken …
Persistent link: https://www.econbiz.de/10010192320
Persistent link: https://www.econbiz.de/10011990250
The dramatic global food price upsurges of 2007/2008 and the resurgence of 2010/2011 have kept the welfare effects of food price shocks at the epicentre of policy discussions worldwide. Studies have found heterogeneous impacts, but empirically little is known in Nigeria. The key objectives of...
Persistent link: https://www.econbiz.de/10011803560
Persistent link: https://www.econbiz.de/10014582853