Assessing The Impact Of Rice Price Stabilization Policies In Bangladesh Results From A Stochastic Spatial Equilibrium Model PDF Download
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Author | : Minot, Nicholas |
Publisher | : Intl Food Policy Res Inst |
Total Pages | : 51 |
Release | : 2024-05-13 |
Genre | : Political Science |
ISBN | : |
Download Assessing the impact of rice price stabilization policies in Bangladesh: Results from a stochastic spatial equilibrium model Book in PDF, ePub and Kindle
Rice plays a central role in the diet in Bangladesh and as a source of income for farmers. Although Bangladesh has largely liberalized international trade in rice, it maintains a public food distribution system to stablize prices, distributing an average of 2 million tons of rice per year at a cost of almost US$ 800 million per year. This study explores whether alternative policies could achieve similar stabilization at a lower cost. It uses a stochastic spatial-equilibrium model of rice markets to simulate monthly prices in eight regions of the country. Stochastic shocks are used to simulate fluctuations in regional production, replicating historical patterns at the region-season level, as well as inter-regional correlation in production shocks. It also simulates fluctuation in world rice prices, mimicking the mean, variance, and serial correlation of historical wholesale prices of rice in Delhi. Public procurement and distribution follow historic averages by month and region. Private storage is represented by a simplified version of rational expectations models, in which net storage is a non-linear function of availability in the previous month. One set of simulations tests alternative levels of distribution, finding that cutting distribution to 1 million tons would have minimal effects on the level of rice price stability. Another set of simulations tested different import tariff levels, including the baseline rate of 25%1. We find that lower tariffs result in both lower rice prices and less price instability, as world rice prices tend to be more stable than local prices. Simulating a buffer stock with different price bands shows that a narrow band can achieve high price stability but at a high fiscal cost. A 20 T/kg (USD 0.26/kg) price band generates similar price stabilization at a lower cost compared to current policy. However, it is difficult to set the “right” purchase and sale price, and many simulations result in exhausting reserves or reaching warehouse capacity. An adaptive buffer stock, in which the price is adjusted as the stock runs too low or too high, solves some of these problems. In general, the study finds that current procurement and distribution patterns do not match well with the regional and monthly patterns of surplus and deficit, possibly reflecting multiple and conflicting goals of the public food distribution system.
Author | : Minot, Nicholas |
Publisher | : Intl Food Policy Res Inst |
Total Pages | : 94 |
Release | : 2021-09-01 |
Genre | : Political Science |
ISBN | : |
Download Rice price stabilization in Bangladesh: Assessing the impact of public farm-gate and consumer price stabilization policy instruments on the overall grain market and developing policy orientations with a greater role for the private sector Book in PDF, ePub and Kindle
Price instability is a fact of life. In a market economy, domestic prices change in response to changes in supply, consumer preferences, policy, world prices, and other factors. Crop prices tend to be particularly volatile because harvests occur only once or a few times per year and because the size of the harvest varies due to weather, prices, and other factors. For internationally-traded commodities, volatility in world prices can be another source of instability in domestic prices.
Author | : Raisuddin Ahmed |
Publisher | : Intl Food Policy Res Inst |
Total Pages | : 88 |
Release | : 1989-01-01 |
Genre | : Business & Economics |
ISBN | : 9780896290747 |
Download Rice Price Fluctuation and an Approach to Price Stabilization in Bangladesh Book in PDF, ePub and Kindle
Introduction; Price stabilization issues; Fluctuation in rice prices; Causes of luctuations in annual and seasonal prices; Intermarket links and regional prices; An approach to price stabilization.
Author | : Stephane Hallegatte |
Publisher | : World Bank Publications |
Total Pages | : 227 |
Release | : 2015-11-23 |
Genre | : Business & Economics |
ISBN | : 1464806748 |
Download Shock Waves Book in PDF, ePub and Kindle
Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.
Author | : Jean-Paul Chavas |
Publisher | : University of Chicago Press |
Total Pages | : 394 |
Release | : 2014-10-14 |
Genre | : Business & Economics |
ISBN | : 022612892X |
Download The Economics of Food Price Volatility Book in PDF, ePub and Kindle
"The conference was organized by the three editors of this book and took place on August 15-16, 2012 in Seattle."--Preface.
Author | : Matthias Kalkuhl |
Publisher | : Springer |
Total Pages | : 620 |
Release | : 2016-04-12 |
Genre | : Business & Economics |
ISBN | : 3319282018 |
Download Food Price Volatility and Its Implications for Food Security and Policy Book in PDF, ePub and Kindle
This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.
Author | : |
Publisher | : |
Total Pages | : 1792 |
Release | : 1989 |
Genre | : Agriculture |
ISBN | : |
Download World Agricultural Economics and Rural Sociology Abstracts Book in PDF, ePub and Kindle
Author | : Aline Coudouel |
Publisher | : World Bank Publications |
Total Pages | : 520 |
Release | : 2006-01-01 |
Genre | : Business & Economics |
ISBN | : 9780821364864 |
Download Poverty and Social Impact Analysis of Reforms Book in PDF, ePub and Kindle
Poverty and Social Impact Analysis (PSIA) is an approach used increasingly by governments, civil society organizations, the World Bank, and other development partners to examine the distributional impacts of policy reforms on the well-being of different stakeholders groups, particularly the poor and vulnerable. PSIA has an important role in the elaboration and implementation of poverty reduction strategies in developing countries because it promotes evidence-based policy choices and fosters debate on policy reform options. 'Poverty and Social Impact Analysis of Reforms' presents a collection of case studies that illustrate the spectrum of sectors and policy reforms to which PSIA can be applied; it also elaborates on the broad range of analytical tools and techniques that can be used for PSIA. The case studies provide examples of the impact that PSIA can have on the design of policy reforms and draw operational lessons for PSIA implementation. The case studies deal largely with policy reforms in a single sector, such as agriculture (crop marketing boards in Malawi and Tanzania and cotton privatization in Tajikistan); energy (mining sector in Romania and oil subsidies in Ghana); utilities (power sector reform in Ghana, Rwanda, and transition economies, and water sector reform in Albania); social sectors (education reform in Mozambique and social welfare reform in Sri Lanka); taxation reform (Nicaragua); as well as macroeconomic modeling (Burkina Faso).
Author | : Intergovernmental Panel on Climate Change. Working Group II. |
Publisher | : Cambridge University Press |
Total Pages | : 532 |
Release | : 1998 |
Genre | : Science |
ISBN | : 9780521634557 |
Download The Regional Impacts of Climate Change Book in PDF, ePub and Kindle
Cambridge, UK : Cambridge University Press, 1998.
Author | : Ahmed, Akhter, ed. |
Publisher | : Intl Food Policy Res Inst |
Total Pages | : 624 |
Release | : 2021-11-05 |
Genre | : Political Science |
ISBN | : 9845063713 |
Download Securing food for all in Bangladesh Book in PDF, ePub and Kindle
Securing Food for All in Bangladesh presents an array of research that collectively address four broad issues: (1) agricultural technology adoption; (2) input use and agricultural productivity; (3) food security and output market; and (4) poverty, food security, and women’s empowerment. The fifteen chapters of the book address diverse aspects within these four themes. Access to sufficient food by all people at all times to meet their dietary needs is a matter of critical importance. Despite declining arable agricultural land, Bangladesh has made commendable progress in boosting domestic food production. The growth in overall food production has been keeping ahead of population growth, resulting in higher per capita availability of food over time. In the early 1970s, Bangladesh was a food-deficit country with a population of about 75 million. Today, the population is 165 million, and the country is now self-sufficient in rice production, which has tripled over the past three decades. Along with enhanced food production, increased income has improved people’s access to food. Furthermore, nutritional outcomes have improved significantly. Nevertheless, the challenges to food and nutrition security remain formidable. Future agricultural growth and food and nutrition security are threatened by population growth, worsening soil fertility, diminishing access to land and other scarce natural resources, increasing vulnerability of crop varieties to pests and diseases, and persistent poverty leading to poor access to food. In addition, the impacts of climate change—an increase in the incidence of natural disasters, sea intrusion, and salinity—will exacerbate food and nutrition insecurity in the coming decades if corrective measures are not taken. Aligned with this context, the authors of the book explore policy options and strategies for developing agriculture and improving food security in Bangladesh. Securing Food for All in Bangladesh, with its breadth and scope, will be an invaluable resource for policymakers, researchers, and students dedicated to improving people’s livelihoods in Bangladesh.