Topic / Key Source Title Relevant statement from the reference Reference list entry Parts of the paper

terms

Food price https://d The impact of The significant policy suggestions are that Samal, A., Ummalla, Conclusion,
M. & Goyari, P. The
inflation oi.org/10 macroeconomic the growth in money supply promotes food Review of Related
impact of
.1186/s4 factors on food price inflation in the long-run, which Literature
macroeconomic
3093- price inflation: an affects the welfare of the poor consumer factors on food price
evidence from as the majority of the people depend on
022- inflation: an evidence
India agriculture. It also positively affects market from India. Futur Bus J
00127-7
credit facility by generating aggregate 8, 15 (2022)
demand followed by changes in relative
prices across commodities, which push the
food prices up.

The long-run result show that per-capita

income, money supply, global food price,
and agricultural wages have a positive and
significant impact on food price inflation of
India in both the long-run and short run.
However, the per capita net availability of
food grain negatively impacts food price
inflation. It implies that an increase in food
grain availability reduces food price
inflation in both the short and long run.
Further, the real exchange rate is positively
affecting food price inflation.

The increase in the global food price of the

commodity can influence the domestic
price via international trade mechanism.
The export increases as the global food
price increases resulting in a decrease in
domestic market supply followed by a hike
in prices. On the contrary, the rise in
 import raises the domestic substitute food
item’s price followed by a surge in
domestic market price.
Determinant https://w Examining the “Our empirical results reveal some Huh, Hyeon-seung, Conclusion
and Cyn-Young Park.
s of Food ww.adb.o Determinants of interesting findings. First, the variation in
Prices "Examining the
rg/sites/ Food Prices domestic food prices is mainly accounted
Determinants of Food
default/fi in Developing Asia for by the countries’ own shocks, especially Prices in Developing
at short horizons. Second, a shock to the
les/publi Asia." No. 370,
common regional food price exerts a September 2013.
cation/30
significant and large influence on domestic
396/ewp food prices across Asia. This effect is
-370.pdf particularly pronounced over the medium-
to long-term horizons. Third, the world
food price shock contributes little to the
movements of both common regional food
price and domestic food prices in Asia.
Similarly, other world factors such as oil
prices and food price futures appear to
provide very little explanation for the
variations in both common regional price
and the individual domestic prices of Asian
countries.”

“Food prices are often very carefully

monitored and become the target of policy
interventions, especially in developing
countries, given their impact on poverty
and household welfare. Various subsidies
and price controls on food have been
observed across Asia, while governments
have intervened in food markets to
stabilize local food prices”
 “Regional food security reserves may be
considered one of the major components
of regional strategies for preventing and
managing food crisis. The low level of food
stocks is often a cause of price hikes.
Managing food security stocks is
challenging and requires effective
coordination among various stakeholders
at national and regional levels. Effective
regional mechanisms that maintain
adequate levels of reserves could help
avert or ameliorate the adverse effects of
crises on the supply of basic food items,
such as rice. ”
Food Prices Lee, Hyun-Hoon and Results and
Cyn-Young Park.
and https://w “GDP per capita growth rate is found to Conclusions
Volatilities International carry a significant negative coefficient. That "International
ww.adb.o Transmission of Food
rg/sites/ Transmission of is, domestic food price inflation seems to Prices and Volatilities:
Food Prices and be negatively associated with fast-growing
default/fi A Panel Analysis." No.
Volatilities: A income. This is an interesting finding, as 373, September 2013.
les/publi
Panel Analysis growing incomes in poor countries will
cation/30 likely increase food consumption,
392/ewp contributing to food price inflation.
-373.pdf However, given the low income elasticity
of food consumption, growing incomes in
rich countries would not necessarily
increase food consumption, leading to food
price inflation.”

“A country’s import reliance seems to be

negatively associated with food price
inflation. That is, countries with a relatively
high share of food imports seem to
experience less food price inflation.
 However, countries with greater food
share increases in their merchandise
imports experience high food price
inflation. The results suggest that countries
that are more open to global food trade
may control food price inflation better. On
the other hand, a sudden increase of food
imports in the share of total imports,
perhaps associated with any disruption in
domestic food supply, could stoke food
price inflation by exposing the country to
highly priced global food markets”.
HIGHER AND https://d RESPONDING TO International food prices spiked again in The World Bank(MAY Introduction
MORE ocument HIGHER AND 2011 for the second time in three years, 2012)
VOLATILE s1.world MORE VOLATILE igniting concerns about a repeat of the Report No. 68420-GLB
WORLD bank.org WORLD FOOD 2008 food price crisis and its consequences
FOOD PRICES PRICES for the poor. By June 2008, the World Bank
/curated/
Food Price Index1 had increased by 188
en/4269
percent since January 2000 . In February
8146832 2011, it reached its 2008 peak, after a
3089548/ sharp decline in 2009 (by 35 percent), and
pdf/6842 has remained above its average 2009 and
00REVISE 2010 levels. The food price increase over
D00olatil the last five years is in stark contrast to the
ity0Web price behavior over the previous 16 years
0Final2.p with food prices in December 2005 being
df at a similar level as they were in January
1990. Since December 2005 food prices
increased by 98 percent in nominal terms
and by 56 percent in real terms, while the
corresponding increases in grain prices
were 120 percent and 73 percent,
respectively.
 Food price inflation has accelerated in
several low- and middle-income countries
where consumers often spend more than
half of their income on food, putting
further pressure on the poorest. Food price
inflation in the large Asian countries in
2010 was in the 9 to 11 percent range, as
opposed to nonfood price inflation of
between 0 and 3 percent.8 More than one-
third of the countries in Eastern Europe
and Central Asia had more than 10 percent
food inflation in 2010.
Cross‐ https://d Cross‐countries Increase in food prices affects the nutrition Elijah Obayelu, A. Findings
(2011), "Cross‐
countries oi.org/10 analysis of rising of not only the poor but also the working
analysis of food prices: policy and middle classes. It limits the food countries analysis of
.1108/17 rising food prices:
rising food 4688011 responses and consumption of the poor and worsens the policy responses and
prices implications on dietary quality. It revealed that foods are
1114407 implications on
emerging markets available in many countries but millions of emerging markets",
6
people have no purchasing power. Some of International Journal of
the driving forces of price increase include Emerging Markets,
expansion of biofuels, high demand for Vol. 6 No. 3, pp. 254-
275
food, and high cost of food production,
climate change, unfavorable government
policy and underinvestment in agricultural
innovation. Contrary to the opinion that
increased food prices benefit farmers, this
study observed that the marketers benefit
most. High costs of inputs and inflation
make it difficult or impossible to produce
by smallholder farmers.
Food Price https://w The FAO Food Introduction
Index ww.fao.o Price Index Food Price Index exes(FPI), Food and Agriculture
serve as vital tools in assessing the Organization (FAO).
rg/worldf
economic and social impact of changes (2012). The FAO
oodsitua in the cost of food items. The FPI is a Food Price Index.
tion/foo composite indicator developed by the
dpricesin Food and Agriculture Organization
dex/en/ (FAO) that tracks variations in the prices
of a basket of essential food products,
including cereals, dairy, meat, and oils.
The FPI provides a global perspective
on food price trends and is instrumental
in understanding inflation and its
implications for consumers and
economies worldwide. In today's
globalized economy, food prices are
closely linked to income distribution,
affecting the purchasing power of
consumers and, by extension, their
overall standard of living. The FPI,
among other food price indexes, is an
essential tool for policymakers,
economists, and researchers to monitor
and analyze these trends, enabling them
to develop informed strategies for
economic stability and social welfare
(FAO, 2012).