Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9551531 | Food Policy | 2005 | 16 Pages |
Abstract
The paper illustrates an unconventional approach to providing adequate nourishment worldwide. Regions with an insufficient calorie supply receive transfer payments in order to increase their food budgets. The transfer payments are financed by a flat income tax in OECD countries. A general equilibrium model, which contains this transfer payment mechanism as well as information about nutrition, is applied for the analysis. The resulting tax rate is 0.55% of OECD countries' income or a required total transfer of 112 billion USD. With the money allocated the receiver regions boost their domestic production as well as increasing their food imports. This in turn affects agriculture in OECD countries by promoting production.
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Authors
Markus Lips,