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Working Paper
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The objective of this paper is to analyse the welfare effects of food price volatility on Cameroonian consumers. Using data from the third Cameroonian Household Consumption Surveys, the price elasticities are obtained from a Quadratic Almost Ideal Demand System model. Price elasticities are then...
Working Paper
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– The Experience of Thailand
The impressive economic growth record of Thailand before 1997 was dominated by the increasing importance of modem industrialization, as well as the expansion of other sectors. This occurred at the expense of agriculture, which accounts for the largest employment pool. At the same time, the country...
Working Paper
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While unequal land ownership has a role to play in explaining historically high levels of income inequality, this paper asks what role agrarian structure plays in explaining contemporary trends of increasing income inequality. Using a Gini decomposition framework to structure the analysis and...
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