ABSTRACT

This paper analyzed the welfare effects of price changes over categories of farm households in Nigeria taking into consideration the dual role of farm households as both consumer and producer of food between 2010–2016. This study attempts to shed some light on the differences between the direct approach and indirect. Estimated Compensating Variation reveals that 79.0% of farm households were net food buyers and suffered welfare loss (mean = 2.98) with the mean expenditure of N529, 397.5 per annum while 21.0% were net food sellers and enjoyed welfare gain (mean = −1.66) with the mean expenditure of N513, 755.7 per annum. Cereal was identified as food for which the households were most vulnerable to price shocks. When adjustments are allowed, households can adapt their consumption and production patterns resulting in lower deteriorations in welfare with significant differences across quintiles. Therefore, efforts to mitigate extreme price spikes are relevant for improved overall household welfare.

摘要

本文分析了价格变动对尼日利亚农户类别的福利影响，并考虑了2010-2016年间农户既作为食品的消费者又是食品的生产者的双重作用。这项研究试图阐明直接方法与间接方法之间的区别。估计补偿差异显示，有79.0％的农户是粮食净购买者并遭受福利损失（平均= 2.98），平均支出为N529，每年397.5，而21.0％是粮食净销售者并享有福利收益（平均= -1.66）平均支出为N513，每年为755.7。谷物被确定为家庭最容易受到价格冲击的食物。允许调整时，家庭可以适应他们的消费和生产方式，从而减少福利的下降，五分位数之间的差异很大。因此，减轻极端价格飙升的努力与改善整体家庭福利有关。