Rising prices is a growing concern in developing countries especially in the context of food security. The welfare impact of such a price rise has important policy and regulatory implications. In this paper, we have analysed the welfare effect of a price rise of staple food items among Indian...

The Rice Liberalization Act (RA 11203), signed last February 2019, reverses decades-long placing quantitative restrictions on rice importation administered by the National Food Authority. The Act goes further by dismantling interventionist policy in the rice industry by divesting the Authority...