Sangam: A Confluence of Knowledge Streams

Higher Fuel and Food Prices : Impacts and Responses for Mozambique

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dc.creator Arndt, Channing
dc.creator Benfica, Rui
dc.creator Maximiano, Nelson
dc.creator Nucifora, Antonio M. D.
dc.creator Thurlow, James T.
dc.date 2012-03-30T07:29:10Z
dc.date 2012-03-30T07:29:10Z
dc.date 2008
dc.date.accessioned 2023-02-18T19:44:10Z
dc.date.available 2023-02-18T19:44:10Z
dc.identifier Agricultural Economics
dc.identifier 01695150
dc.identifier http://hdl.handle.net/10986/4671
dc.identifier.uri http://localhost:8080/xmlui/handle/CUHPOERS/250146
dc.description Rising world prices for fuel and food represent a negative terms-of-trade shock for Mozambique. The impacts of these price rises are analyzed using various approaches. Detailed price data show that the world price increases are being transmitted to domestic prices. Short-run net benefit ratio analysis indicates that urban households and households in the southern region are more vulnerable to food price increases. Rural households, particularly in the North and Center, often benefit from being in a net seller position. Longer-term analysis using a computable general equilibrium (CGE) model of Mozambique indicates that the fuel price shock dominates rising food prices from both macroeconomic and poverty perspectives. Again, negative impacts are larger in urban areas. The importance of agricultural production response in general and export response in particular is highlighted. Policy analysis reveals difficult trade-offs between short-run mitigation and long-run growth. Improved agricultural productivity has powerful positive impacts, but remains difficult to achieve and may not address the immediate impacts of higher prices.
dc.language EN
dc.relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights World Bank
dc.subject Macroeconomic Analyses of Economic Development O110
dc.subject Economic Development: Agriculture
dc.subject Natural Resources
dc.subject Energy
dc.subject Environment
dc.subject Other Primary Products O130
dc.subject International Linkages to Development
dc.subject Role of International Organizations O190
dc.subject Agriculture: Aggregate Supply and Demand Analysis
dc.subject Prices Q110
dc.subject Energy: Demand and Supply Q410
dc.subject Energy and the Macroeconomy Q430
dc.title Higher Fuel and Food Prices : Impacts and Responses for Mozambique
dc.type Journal Article
dc.type Journal Article
dc.coverage Mozambique


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