Food price policy and income distribution in low-income countries
The complex interrelationships of price policy and income distribution are analyzed, beginning with the simple effects of changes in food prices as they are reflected in consumer-budget data and consumption patterns and the effects on producers of different income levels. The analysis progresses to a more complex study of the effect on agricultural technology and production and on employment in non-agricultural areas. The impact is shown to be greatest on low-income groups, whose economic condition also has the greatest impact on food demand. Secondary impacts on employment and income of low-income groups also result from changes in the real income of high-income consumers as prices change. On the basis of this analysis, the author suggests food-pricing policies that will encourage technological change in agriculture and employment growth in industry.
- OSTI ID:
- 6557029
- Journal Information:
- Econ. Dev. Cult. Change; (United States), Journal Name: Econ. Dev. Cult. Change; (United States) Vol. 27:1; ISSN EDCCA
- Country of Publication:
- United States
- Language:
- English
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290200* -- Energy Planning & Policy-- Economics & Sociology
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60 APPLIED LIFE SCIENCES
CHARGES
CONSUMER PRODUCTS
DEVELOPING COUNTRIES
ECONOMIC IMPACT
ECONOMIC POLICY
EMPLOYMENT
FOOD
FOOD INDUSTRY
INCOME DISTRIBUTION
INDUSTRY
INSTITUTIONAL FACTORS
MARKET
PRODUCTION
SOCIO-ECONOMIC FACTORS
TECHNOLOGY UTILIZATION