Lee, Suejin Lim, Jae-Young Lee, Hyun-Hoon Park, Cyn-Young
Year of Publication:
ADB Economics Working Paper Series 374
High food prices can be an immediate threat to household food security, undermining population health, retarding human development, and lowering labor productivity for the economy in the long term. We employ a panel dataset covering 63 developing countries from 2001 to 2010 to make a comprehensive assessment of the effects of food price inflation and volatility on population health measured by infant mortality rate, child mortality rate, and the prevalence of undernourishment. We find that rising food prices have a significant and adverse effect on all three health indicators in developing countries. Furthermore, the impact of food prices is severer in the least developing countries although the effect is moderated in countries with a greater share of agriculture in gross domestic product.