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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Price trends and income inequalities: will Sub-Saharan Africa reduce the gap?
Authors:Caracciolo, FrancescoISNI
Santeramo, Fabio GaetanoISNI
Periodical:African Development Review (ISSN 1467-8268)
Geographic terms:Ethiopia
Subjects:food prices
income distribution
External link:https://onlinelibrary.wiley.com/doi/10.1111/j.1467-8268.2013.12012.x/pdf
Abstract:During the past decade, commodity prices have risen substantially and the trend is likely to persist as attested by recent OECD-FAO projections. The recent debate has not reached a clear consensus on the effects of this trend on poverty and income inequality in LDCs, thus complicating the policy planning process. The paper analyses the likely welfare and income inequality impacts of food price trends in three sub-Saharan countries, namely Tanzania, Ghana and Ethiopia. Moreover, the authors test the statistical significance of changes in income inequalities. Although Tanzania is not affected, they find that price changes tend to exacerbate the income inequalities in Ethiopia and Ghana, especially for specific groups of households. Finally, the paper underlines the relevance of statistical inference in analysis on income inequalities, to conclude on welfare and inequalities effects of food price movements. Bibliogr., notes, sum. [Journal abstract]