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,...

This paper quantifies the economic impacts of flooding in the Ba River and Penang River catchments in Viti Levu, Fiji. We conducted a detailed assessment of flood damage stemming from two major flooding events in 2012 that severely affected the two important catchments, primarily by using...

While climate change is widely regarded as a threat to food security in southern Africa, few studies attempt to link the science of climate change impacts on agriculture with the specificities of smallholder livelihoods. In this paper, we build a series of linear programming (LP) farm-household...

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...

Climate change will directly affect food availability and security. Because food production is fundamentally a biological process that is a function, in part, of temperature and moisture, the agricultural sector’s potential vulnerability is particularly large. While there is ongoing scientific...

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...

This paper builds a model determining optimal capacities of diversion dams or water transfer projects. The model incorporates stochastic inflows to the dams and the role of the dam capacity in reducing overflows, and gives a closed-form expression of the marginal benefit of capacities....

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...