Implications of Seasonal Price and Productivity Changes at the Household Level in Uganda - A Heterogeneous Agent Approach

Developing economies are affected by price and productivity changes and this was evident during the 2007-2008 world food crisis and the 2010-2011 food price surge. For this study, we use a heterogeneous-agent modelling approach to simulate production and consumption responses of a household producing bananas (matooke), beans and maize; three of the top five staple food crops by per capita calorie intake in Uganda. Preliminary results focusing on maize producing households indicate substitution of maize for other items when market prices increase. Please note that complete results are pending and this work will be updated.

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Conference Paper/ Presentation
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JEL Codes:
C61; Q12

 Record created 2017-04-01, last modified 2018-01-23

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