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  • 标题:FOOD PRICE INFLATION AND CONSUMER WELFARE IN GHANA
  • 本地全文:下载
  • 作者:Osei-Asare, Yaw Bonsu ; Eghan, Mark
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2013
  • 页码:27-39
  • 出版社:Food Distribution Research Society
  • 摘要:The paper analyses the effects of food price inflation on Ghanaian households using GLSS-5 household data. Expenditure endogeneity and truncated expenditures were controlled in the estimation process using the “Augmented Regression Approach” and Heckman’s two-stage procedure, respectively. Symmetry and homogeneity conditions were rejected in the unconstrained LA/AIDS model. The study reveals that cereals and bread; fish; vegetables; and roots and tubers will continue to constitute important share of Ghanaian food expenditure as they collectively constitute 67% of future food expenditure. Food price inflation between 2005 and 2011 has eroded real household food purchasing power by 47.18%.
  • 关键词:Compensating variation;Food price;Inflation;Welfare;Elasticities
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