How does household welfare vary in response to changes in food prices? Poor vs. non-poor households

In this paper, we focus on poor households vs. non-poor households, using objective and subjective definitions of poverty. We evaluate the various responses of these households to changes in food expenditures, income, and prices, and simulate the welfare losses of food price changes across poverty d...

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Autores principales: Echeverría, Lucía, Molina, José Alberto
Formato: Artículo publishedVersion
Lenguaje:Inglés
Publicado: Taylor & Francis 2024
Materias:
Consumo de Alimentos
Sistemas de Demanda
Pobreza
Acceso en línea:https://nulan.mdp.edu.ar/id/eprint/3835/
https://nulan.mdp.edu.ar/id/eprint/3835/1/echeverria-etal-2022.pdf
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Nulan - Fac.Cs.Económicas (UNMdP) de Universidad Nacional de Mar del Plata (UNMdP)
id I29-R135-3835
record_format dspace
spelling I29-R135-38352024-04-18T13:43:15Z How does household welfare vary in response to changes in food prices? Poor vs. non-poor households Echeverría, Lucía Molina, José Alberto In this paper, we focus on poor households vs. non-poor households, using objective and subjective definitions of poverty. We evaluate the various responses of these households to changes in food expenditures, income, and prices, and simulate the welfare losses of food price changes across poverty definitions. We use the QUAIDS model to estimate food elasticities and rely on the National Survey of Expenditure and Household Income, from Uruguay 2016/2017, because it contains novel information on the subjective poverty status of each household. Our results show important differences across poverty definitions. In addition, we find that price increases may lead to larger welfare losses in poor households. On average, the percentage of income needed to avoid a loss in the economic welfare of poor households, defined by the objective method, is twice that required by the non-poor households, for all price changes. Differences are much smaller when using the subjective approach. Our main contribution is the first evidence of consumption behaviour and welfare analysis under different poverty measures. Our findings highlight the need for policies that mitigate the negative effects of price shocks. Taylor & Francis 2024 https://nulan.mdp.edu.ar/id/eprint/3835/ application/pdf eng https://nulan.mdp.edu.ar/id/eprint/3835/1/echeverria-etal-2022.pdf Applied Economics Letters, 31(9), 854-862. ISSN 1466-4291. 10.1080/13504851.2022.2153788 <https://doi.org/10.1080/13504851.2022.2153788> Uruguay 2016-2017 info:eu-repo/semantics/altIdentifier/doi/10.1080/13504851.2022.2153788 info:eu-repo/semantics/article info:ar-repo/semantics/artículo info:eu-repo/semantics/publishedVersion Fil: Echeverría, Lucía. CONICET. Universidad Nacional de Mar del Plata. Facultad de Ciencias Económicas y Sociales; Argentina. Fil: Molina, José Alberto. University of Zaragoza. Department of Economic Analysis; Spain. Consumo de Alimentos Sistemas de Demanda Pobreza info:eu-repo/semantics/closedAccess https://creativecommons.org/licenses/by-nc-nd/4.0/deed.es
institution Universidad Nacional de Mar del Plata (UNMdP)
institution_str I-29
repository_str R-135
collection Nulan - Fac.Cs.Económicas (UNMdP)
language Inglés
orig_language_str_mv eng
topic Consumo de Alimentos
Sistemas de Demanda
Pobreza
spellingShingle Consumo de Alimentos
Sistemas de Demanda
Pobreza
Echeverría, Lucía
Molina, José Alberto
How does household welfare vary in response to changes in food prices? Poor vs. non-poor households
topic_facet Consumo de Alimentos
Sistemas de Demanda
Pobreza
description In this paper, we focus on poor households vs. non-poor households, using objective and subjective definitions of poverty. We evaluate the various responses of these households to changes in food expenditures, income, and prices, and simulate the welfare losses of food price changes across poverty definitions. We use the QUAIDS model to estimate food elasticities and rely on the National Survey of Expenditure and Household Income, from Uruguay 2016/2017, because it contains novel information on the subjective poverty status of each household. Our results show important differences across poverty definitions. In addition, we find that price increases may lead to larger welfare losses in poor households. On average, the percentage of income needed to avoid a loss in the economic welfare of poor households, defined by the objective method, is twice that required by the non-poor households, for all price changes. Differences are much smaller when using the subjective approach. Our main contribution is the first evidence of consumption behaviour and welfare analysis under different poverty measures. Our findings highlight the need for policies that mitigate the negative effects of price shocks.
format Artículo
Artículo
publishedVersion
author Echeverría, Lucía
Molina, José Alberto
author_facet Echeverría, Lucía
Molina, José Alberto
author_sort Echeverría, Lucía
title How does household welfare vary in response to changes in food prices? Poor vs. non-poor households
title_short How does household welfare vary in response to changes in food prices? Poor vs. non-poor households
title_full How does household welfare vary in response to changes in food prices? Poor vs. non-poor households
title_fullStr How does household welfare vary in response to changes in food prices? Poor vs. non-poor households
title_full_unstemmed How does household welfare vary in response to changes in food prices? Poor vs. non-poor households
title_sort how does household welfare vary in response to changes in food prices? poor vs. non-poor households
publisher Taylor & Francis
publishDate 2024
url https://nulan.mdp.edu.ar/id/eprint/3835/
https://nulan.mdp.edu.ar/id/eprint/3835/1/echeverria-etal-2022.pdf
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AT molinajosealberto howdoeshouseholdwelfarevaryinresponsetochangesinfoodpricespoorvsnonpoorhouseholds
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