Sa'diyah, Ana Arifatus and Khoiriyah, N and Anindita, R and Hanani, N and Muhaimin, A W Prosiding Strategic food price change and its welfare impact on poor households in Indonesia. In: The 3rd International Conference on Green Agro-Industry and Bioeconomy.
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Abstract
Abstract. Indonesian has experienced high strategic food prices in recent years. This paper examines the welfare impact of rising strategic food groups’ prices on Indonesian poor households using Linear Approximate Almost Ideal Demand System (LA-AIDS) approach. The elasticity coefficients derived from LA-AIDS are used to estimate Compensated Variation (CV) and Equivalent Variation (EV). The study uses SUSENAS (Indonesian National Socioeconomic Survey) raw data. Based on our estimates, the strategic food groups of rice, corn, and shallot are necessary goods, as their budget elasticity is positive and below one at the same time. Beef, chili, and sugar are luxury goods, with income elasticity above one. We find that, overall, higher strategic food price raised the average poor household’s welfare. Higher food prices make most households worse off.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | S Agriculture > S Agriculture (General) |
| Depositing User: | SP., MP. Ana Arifatus |
| Date Deposited: | 04 Mar 2024 06:29 |
| Last Modified: | 04 Mar 2024 06:29 |
| URI: | http://repository.unitri.ac.id/id/eprint/3404 |
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