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Sugar prices, labor income, and poverty in Brazil, [electronic resource] by Marcelo Olarreaga and Ekaterina Krivonos. Krivonos, Ekaterina

By:

Krivonos, Ekaterina

Contributor(s):

Olarreaga, Marcelo

Material type: Text

TextSeries: Policy Research Working Paper, no. 3874Publication details: Washington, D.C. World Bank 2006Description: 40 pSubject(s):

DDC classification:

338.476641

Summary: """This paper assesses the impact that a potential liberalization of sugar regimes in OECD countries could have on household labor income and poverty in Brazil. The authors first estimate the extent of price transmission from world markets to 11 Brazilian states to capture the fact that some local markets may be relatively more isolated from changes in world prices. They then simultaneously estimate the impact that changes in domestic sugar prices have on regional wages and employment depending on worker characteristics. Finally, they measure the impact on household income of a 10 percent increase in world sugar prices. Results suggest that workers in the sugar sector and in sugar-producing regions have better employment opportunities and experience larger wage increases. More interestingly, households at the top of the income distribution experience larger income gains due to higher wages, whereas households at the bottom of the distribution experience larger income gains due to movements out of unemployment. ""--World Bank web site."

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	338.476641 K7S8 (Browse shelf(Opens below))	Available		162457

Total holds: 0

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	No cover image available			No cover image available	No cover image available		No cover image available	Next
	338.476641 H2 Handbook on sugar mill cogeneration in India	338.476641 H2I6 The international sugar trade	338.476641 K2P6 The political economy of suppressed markets: controls, rent seeking and interest-group behaviour in the Indian sugar and cement industries	338.476641 K7S8 Sugar prices, labor income, and poverty in Brazil, [electronic resource] by Marcelo Olarreaga and Ekaterina Krivonos.	338.476641 L2S8 Sugar policy and reform	338.476641 L8P7 Price stabilization on world agricultural markets: an application to the world market for sugar	338.476641 M4S8 Sugar policies: opportunity for change	Next

Includes bibliographical references.

"""This paper assesses the impact that a potential liberalization of sugar regimes in OECD countries could have on household labor income and poverty in Brazil. The authors first estimate the extent of price transmission from world markets to 11 Brazilian states to capture the fact that some local markets may be relatively more isolated from changes in world prices. They then simultaneously estimate the impact that changes in domestic sugar prices have on regional wages and employment depending on worker characteristics. Finally, they measure the impact on household income of a 10 percent increase in world sugar prices. Results suggest that workers in the sugar sector and in sugar-producing regions have better employment opportunities and experience larger wage increases. More interestingly, households at the top of the income distribution experience larger income gains due to higher wages, whereas households at the bottom of the distribution experience larger income gains due to movements out of unemployment. ""--World Bank web site."

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