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Importing High Food...
Importing High Food Prices by Exporting: Rice Prices in Lao PDR
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- Durevall, Dick, 1954 (author)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik,Centrum för globalisering och utveckling (GCGD),Department of Economics,Gothenburg Centre for Globalization and Development (GCGD)
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van der Weide, Roy (author)
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(creator_code:org_t)
- Göteborg : University of Gothenburg, 2014
- English.
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Series: Working Papers in Economics (online), 1403-2465 ; 607
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Abstract
Subject headings
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- This paper shows how a developing country, Lao PDR, imports high glutinous rice prices by exporting its staple food to neighboring countries, Vietnam and Thailand. Lao PDR has extensive export controls on rice, generating a sizable difference between domestic and international prices. Controls are relaxed after good harvests, leading to a surge in exports early in the season and rapidly rising prices later in the year. There is thus a strong case for removal of trade restrictions since they give rise to price spikes, keep the long-term price of glutinous rice low, and thereby hinder increases in income from agriculture. Although this is a case study of Lao PDR, the findings may equally apply to other developing countries that export their staple food.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- exports
- food prices
- free trade
- rice prices
- rice markets
- sticky rice
- welfare
Publication and Content Type
- vet (subject category)
- rap (subject category)
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