Publication:
The Impacts of India's Food Security Policies on South Asian Wheat and Rice Markets

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creativeworkseries.issn1564-698X
dc.contributor.authorVilloria, Nelson Benjamin
dc.contributor.authorMghenyi, Elliot Wamboka
dc.date.accessioned2019-04-01T19:18:08Z
dc.date.available2019-04-01T19:18:08Z
dc.date.issued2017-10-01
dc.description.abstractWe quantify the extent to which India's success in stabilizing its wheat and rice markets affects other countries in South Asia. We deal with the variability of Indian trade and price policies by analyzing market outcomes during periods of low and high world prices; we also conduct stochastic simulations where Indian policies endogenously adjust to fluctuations in domestic and world supplies. South Asian wheat and rice markets operate near autarky, and therefore, intra-regional price transmission is limited. However, we find that when India's policies result in implicit export subsidies, consumers in countries that import from India benefit; meanwhile implicit producer taxation harms consumers elsewhere. Pakistan—the only country in the region that competes with India in foreign markets—would see gains in market shares when India reduces its export subsidies. We also find that the low intra-regional trade shields India's neighbors from the excess volatility caused by Indian policies.en
dc.identifier.citationWorld Bank Economic Review
dc.identifier.doi10.1596/31475
dc.identifier.issn1564-698X
dc.identifier.urihttps://hdl.handle.net/10986/31475
dc.publisherPublished by Oxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectFOOD SECURITY
dc.subjectFOOD PRICES
dc.subjectWHEAT TRADE
dc.subjectRICE TRADE
dc.subjectINTERNATIONAL TRADE
dc.subjectPRICE VOLATILITY
dc.subjectFOOD POLICY
dc.titleThe Impacts of India's Food Security Policies on South Asian Wheat and Rice Marketsen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.crossref.titleThe Impacts of India's Food Security Policies on South Asian Wheat and Rice Markets
okr.date.disclosure2019-04-01
okr.doctypePublications & Research::Journal Article
okr.doctypePublications & Research
okr.identifier.doi10.1093/wber/lhw002
okr.identifier.doi10.1596/31475
okr.journal.nbpages730-46
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.region.geographicalSouth Asia
okr.topicAgriculture::Agricultural Sector Economics
okr.topicAgriculture::Food Markets
okr.topicAgriculture::Food Security
okr.unitFood and Agriculture Global Practice
okr.volume31(3)
relation.isJournalIssueOfPublication6627da5e-acc8-455f-ac19-760311a9011c
relation.isJournalIssueOfPublication.latestForDiscovery6627da5e-acc8-455f-ac19-760311a9011c
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublication8762f705-3f8b-491a-8613-25e8d1634b11
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