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Sugar prices, labor income, and poverty in Brazil

Author: M Olarreaga; Ekaterina Krivonos; World Bank.
Publisher: [Washington, D.C.] : [World Bank], [2006]
Series: Policy research working papers (Online), 3874.
Edition/Format:   eBook : International government publication : EnglishView all editions and formats
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  Read more...
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Details

Material Type: Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: M Olarreaga; Ekaterina Krivonos; World Bank.
OCLC Number: 65645897
Notes: Title from PDF file as viewed on 4/5/2006.
Details: System requirements: Adobe Acrobat Reader.; Mode of access: World Wide Web.
Series Title: Policy research working papers (Online), 3874.
Responsibility: Marcelo Olarreaga, Ekaterina Krivonos.

Abstract:

"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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