title: Potential impact of food inflation on households’ welfare: Evidence from Pakistan
metadata.name: dc.contributor.author
metadata.value: Ullah, Irfan
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Uçak, Harun
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2024-03-27T17:30:52Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2024-03-27T17:30:52Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2023-12
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Ullah, I. and Uçak, H. (2023) ‘Potential impact of food inflation on households’ welfare: Evidence from Pakistan’, St. Petersburg University Journal of Economic Studies, 39 (4), pp. 560–577. https://doi.org/10.21638/spbu05.2023.405
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2023.405
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/45140
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The global food price crises of 2007–2008 and the recent resurgence of food inflation have
  gained attention of the researchers about the causes and consequences of this volatility in
  food prices around the globe. This paper aims to examine the potential impact of food inflation
  on households’ welfare in Pakistan. For this purpose, the authors used a flexible Linear
  Approximate Almost Ideal demand System (LA/AIDS) to estimate the food demand pattern
  using the recently available Household Integrated Economic Survey of Pakistan for the year
  2018–2019. Food products were categorized into thirteen food groups including milk, meat,
  fruits, vegetables, sugar, beverages, cereals, wheat, rice, oil & fats, tea, condiments and baked
  products. The estimated model was used to simulate different price increase scenarios in each
  of the currently own price. We found out that the estimated loss in the consumption was
  consistently high for milk, sugar, cereals, rice, wheat, meat and oil & fats. The issue of limited
  diversity in the dietary pattern and persistently food inflation will result in alarming food security
  in the country. The Effect of an increase in the general price level on food consumption
  could only be reduced by enhancing households’ purchasing power in the current scenario.
  The outcome of this research study will help policymakers in the agriculture sector to develop
  reliable and sound policy designs that will help control the implications of food inflation on
  household welfare loss.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 39; Issue 4
metadata.lang: -
metadata.name: dc.subject
metadata.value: food inflation
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: food policy
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: elasticities
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: food security
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Pakistan
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Potential impact of food inflation on households’ welfare: Evidence from Pakistan
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 05.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/45140/1/05.pdf
resources.format: Adobe PDF
resources.size: 776,7 kB