What is it about?

the paper analyses the welfare impacts of food price shocks in Africa comparing the effect of volatile prices and change in price levels.

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Why is it important?

the paper shows that poor households are primarily affected by change in price levels and less so by volatility.

Perspectives

the paper is useful for policy makers interested in targeting an adequate policy response to price surges or volatility.

Dr. Jean Balié
International Rice Research Institute

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This page is a summary of: Cereal price shocks and volatility in sub-Saharan Africa: what really matters for farmers’ welfare?, Agricultural Economics, July 2017, Wiley,
DOI: 10.1111/agec.12369.
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