FOOD PRICES, WAGES, AND WELFARE IN RURAL INDIA.

With soaring food prices in recent years has come alarm about rising poverty in the developing world. Less appreciated, however, is that many of the poor in agricultural economies may benefit from higher wages. This study finds that wages for manual labor in rural India, both within and outside agri...

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Publicado en:Economic Inquiry Vol. 54; no. 1; pp. 159 - 177
Autor principal: Jacoby, Hanan G.
Formato: Artículo
Publicado: Wiley-Blackwell Jan2016
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: FOOD PRICES, WAGES, AND WELFARE IN RURAL INDIA.
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        au: Jacoby, Hanan G.
        affil: Lead Economist, Development Research Group, The World Bank, Washington DC 20433
      su:
        Poverty research
        Poor people
        Wages
        Households
        Food prices research
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        subj:
          Poverty research
          Poor people
          Wages
          Households
          Private Households
          Food prices research
      ab: With soaring food prices in recent years has come alarm about rising poverty in the developing world. Less appreciated, however, is that many of the poor in agricultural economies may benefit from higher wages. This study finds that wages for manual labor in rural India, both within and outside agriculture, rose faster in districts growing more of those crops with large producer price run-ups over the 2004-2009 period. Based on a general equilibrium framework that accounts for such wage gains, rural households across the income spectrum are found, contrary to more conventional welfare analysis, to benefit from higher agricultural prices. ( JEL Q17, Q18, F14)
      pubtype: Academic Journal
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    language: English
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