Middlebury

 

Presentation Title: Welfare Impacts of Rising Food Prices in Bangladesh

Section: Poster Session Group 1 #1

Location: , Great Hall

Date & Time: Friday, April 19, 2013 - 10:30am - 11:15am

Abstract:

Global food prices escalated between 2004 and 2008, causing a significant concern to the world’s poor since a large portion of their household budget is spent on food, and some even depend on food production for their livelihoods. In South Asia, for an average household, food takes close to half of total household spending, compared to only 17% in the US. I examine the welfare impacts of rising food prices on households in Bangladesh by investigating the food expenditure as a share of total household expenditure.  Natural disasters, coupled with food crisis, resulted in more than 50 percent increase in the price of rice (staple food) between October 2007 and April 2008 in Bangladesh. Using the food crisis as a natural experiment, I expect to find that non-agricultural households (net consumers of food) to be worse-off than agricultural households (net producers of food).

Type of Presentation: Individual poster

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Presentation Topic: NA

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Presenter Information
Presenter(s): Rokon, Redwan B.
Major(s): Economics
Class Year(s): 2013

Sponsor(s): Maluccio, John A.
Dept(s): Economics

Moderator: ,