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Agricultural Commodity Prices and Household Welfare in Ghana

Wei Yao

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ISBN 10: 3639084462 / ISBN 13: 9783639084467
Published by VDM Verlag
New Condition: New Soft cover
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56 pages. Dimensions: 8.7in. x 5.9in. x 0.1in.This paper accesses the impact of changes in pricesof cocoa, maize, and rice, on household welfare andpoverty in Ghana during the 1990s. We usenonparametric analysis to assess the short-runimpacts on income and the impacts on consumptionfirst separately and then aggregately. Distributionalimpacts are also estimated by replicating the sameanalysis for households by income decile. Finally, aneconometric analysis is used to check the long-runrelationship between prices and welfare, whilecontrolling for other factors. The results from thenonparametric and parametric analysis are consistentwith each other. We find that the rising cocoa pricehad a big positive effect on household welfare inGhana. Predictably, net sellers and net buyers wereaffected differently by the falling prices of maizeand rice. However, these impacts were limited. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Bookseller Inventory # 9783639084467

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Bibliographic Details

Title: Agricultural Commodity Prices and Household ...

Publisher: VDM Verlag

Binding: Paperback

Book Condition:New

Book Type: Paperback

About this title

Synopsis:

This paper accesses the impact of changes in pricesof cocoa, maize, and rice, on household welfare andpoverty in Ghana during the 1990s. We usenonparametric analysis to assess the short-runimpacts on income and the impacts on consumptionfirst separately and then aggregately. Distributionalimpacts are also estimated by replicating the sameanalysis for households by income decile. Finally, aneconometric analysis is used to check the long-runrelationship between prices and welfare, whilecontrolling for other factors. The results from thenonparametric and parametric analysis are consistentwith each other. We find that the rising cocoa pricehad a big positive effect on household welfare inGhana. Predictably, net sellers and net buyers wereaffected differently by the falling prices of maizeand rice. However, these impacts were limited.

About the Author:

Wei Yao received her Bachelor Degree at Fudan University,Shanghai, China, and a Master Degree in Economics at TuftsUniversity, Boston.

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