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Library The impact of food price shocks in Uganda: First-order versus long-run effects

The impact of food price shocks in Uganda: First-order versus long-run effects

The impact of food price shocks in Uganda: First-order versus long-run effects

Resource information

Date of publication
december 2012
Resource Language
ISBN / Resource ID
127771
Pages
44 pages

We look at the immediate effects of these shocks faced by households in Uganda on their poverty and well-being. In addition, we look at the economywide impact in the long run when all markets have settled at a new equilibrium. We find that in the short run, poverty has increased substantially. However, in the longer run, we find welfare levels of rural farm households in particular to rise sharply, primarily as a result of increased returns to farm labor and agricultural land coupled with improved market prices for output sold.

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Authors and Publishers

Author(s), editor(s), contributor(s)

Van Campenhout, Bjorn
Pauw, Karl
Minot, Nicholas

Geographical focus