World grains prices dramatically increased between 2007 and 2008, but rice prices especially surged. Utilizing the much larger spike in rice prices than in wheat, this article compares the response of Indian households consuming rice as the staple grain to households consuming wheat. Households...

Efficient information exchanges between sellers and buyers are essential if prices are to act as a signal for resource allocation in an economy. In the case of seed and planting materials, information on quality traits are often difficult for consumers (farmers) to obtain prior to purchase,...

In addition to multilateral trade agreements under the World Trade Organization (WTO), the world has seen a remarkable proliferation of regional trade agreements (RTAs) in the last two decades. This study investigates the impacts of these multilateral and regional trade institutions on food...

We investigate whether food price subsidies affect household nutrition using a dramatic expansion of the availability of subsidized rice in the Indian state of Chhattisgarh in the early 2000's. Households in Chhattisgarh increased their consumption of pulses, animal-based protein, and produce...

We empirically address the implications of biofuel policy regarding major grains, to the subsequent evolution of the markets for calories from the three major grains, maize, wheat and rice. The implied market variables, namely, market price, consumption, and stocks, using a structurally...

We investigate to which extent the Agricultural Market Information System (AMIS), set up by the G20 in 2011, can help to reduce food price volatility. Linking uncertainty about fundamentals and volatility in a theoretical model, we show that the uncertainty provides an upper limit for the...

Until recently, India followed a welfare based approach of distributing food grains to its low income group at an issue price, much lower than its market price or procurement price. In September 2013, the Government of India passed the National Food Security Act 2013 (NFSA, also called the Right...

Food vs. Fuel, Cointegration analysis, VECM, agricultural prices, fuel prices

This paper serves to disentangle the complex system of Indian food policies, related to wheat and rice procurement, storage, distribution and trade. Using time series for national aggregate data, these policies are econometrically analyzed, next their implications for the markets are assessed...