{"id":8973,"date":"2022-07-27T06:42:51","date_gmt":"2022-07-27T06:42:51","guid":{"rendered":"https:\/\/depocen.org\/publications\/impacts-of-rising-food-prices-on-poverty-and-welfare-in-vietnam\/"},"modified":"2022-07-27T06:42:51","modified_gmt":"2022-07-27T06:42:51","slug":"impacts-of-rising-food-prices-on-poverty-and-welfare-in-vietnam","status":"publish","type":"publications","link":"https:\/\/depocen.org\/en\/publications\/impacts-of-rising-food-prices-on-poverty-and-welfare-in-vietnam\/","title":{"rendered":"Impacts of Rising Food Prices on Poverty and Welfare in Vietnam."},"content":{"rendered":"<p>This paper examines the impacts of rising food prices on poverty and welfare in<br \/>\nVietnam. Increases in food prices raise the real incomes of those selling food, but reduce the<br \/>\nwelfare of net food purchasers. Overall, the net impact of higher food prices on an average<br \/>\nVietnamese household&#8217;s welfare is positive. However, the benefits and costs are not spread<br \/>\nevenly across the population. A majority of the population would be worse off from increases<br \/>\nin food prices. More specifically, a uniform increase in both food consumer and producer<br \/>\nprices would reduce the welfare of 56 percent of Vietnamese households. Similarly, a<br \/>\nuniform increase in the price of rice would reduce the welfare of about 54 percent of rural<br \/>\nhouseholds and about 92 percent of urban households. The reason why average household<br \/>\nwelfare increases is that the average welfare loss of the households whose welfare declines<br \/>\n(net purchasers) is smaller than the average welfare gain of the households whose welfare<br \/>\nincreases (net sellers). A relatively small increase in food prices reduces poverty rate slightly<br \/>\nbecause poorer households in Vietnam tend to be net sellers. However, a large food price<br \/>\nincrease, for example a 50 percent increase, may increase the poverty rate.<\/p>\n","protected":false},"featured_media":0,"template":"","cate_publications":[],"author_publications":[1728,1729],"topic_publications":[],"class_list":["post-8973","publications","type-publications","status-publish","hentry","author_publications-linh-vu-hoang-and-paul-glewwe","author_publications-linh-vu-hoang-and-paul-glewwe-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/publications\/8973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/publications"}],"about":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/types\/publications"}],"wp:attachment":[{"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/media?parent=8973"}],"wp:term":[{"taxonomy":"cate_publications","embeddable":true,"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/cate_publications?post=8973"},{"taxonomy":"author_publications","embeddable":true,"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/author_publications?post=8973"},{"taxonomy":"topic_publications","embeddable":true,"href":"https:\/\/depocen.org\/en\/wp-json\/wp\/v2\/topic_publications?post=8973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}