Hostname: page-component-78c5997874-fbnjt Total loading time: 0 Render date: 2024-11-15T12:26:35.319Z Has data issue: false hasContentIssue false
  • English
  • Français

Food Prices and Rising Energy Costs

Published online by Cambridge University Press:  10 May 2017

R. McFall Lamm Jr.
R. McFall Lamm Jr.*
Affiliation:
Food Price Analysis Section, ESS, U.S.D.A., Washington, D.C.
Get access

Extract

Higher relative prices for energy and food are often referenced as important continuing problems in the United States. For example, the Council on Wage and Price Stability attributed 5.2 percent of the 18 percent increase in the Consumer Price Index (CPI) in early 1980 to higher crude oil prices and described energy prices as “uncontrollable.” Similarly, the substantial upward movements in food prices during 1978 and 1979 were identified by policy-makers as a major source of inflation and stimulated Congressional hearings and an Administration investigation of the causes of rising food prices.

Type
Articles
Information
Journal of the Northeastern Agricultural Economics Council , Volume 10 , Issue 1 , April 1981 , pp. 17 - 21
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Footnotes

The helpful comments of H. Harp, R.L. Christensen, and G.J. Elterich are gratefully acknowledged. D. Harvey and A. Rogers provided statistical assistance. Opinions presented do not necessarily represent those of the U.S. Department of Agriculture or the Economics and Statistics Service.

References

Barr, T.N. and Gale, H.F., “A Quarterly Forecasting Model for the Consumer Price Index for Food,” Agricultural Economics Research, 25 (1973), 1–13.Google Scholar
Council on Wage and Price Stability, “The Pay/Price Standards Program: Evaluation and Third-Year Issues,” Executive Office of the President, Washington, D.C., July 1980.Google Scholar
DeSouza, G., “International Energy Models in the Public Sector: A Critical Guide,” The Journal of Energy and Development, 5 (1979), 95–106.Google Scholar
Doering, O.C., “Agriculture and Energy Use in the Year 2000,” American Journal of Agricultural Economics, 59 (1977), 1066–1070.Google Scholar
Goldberger, A.S., Impact Multipliers and Dynamic Multipliers at the Klein-Goldberger Model. Amsterdam: North-Holland Publishing Company, 1959.Google Scholar
Heady, E.O. and Dvoskin, D., “Agricultural Energy Modeling for Policy Purposes,” American Journal of Agricultural Economics, 59 (1977) 1075–1078.Google Scholar
Heien, D., “Markup Pricing in a Dynamic Model of the Food Industry,” American Journal of Agricultural Economics, 62 (1980), 10–13.Google Scholar
Jorgenson, D., “The Role of Energy in the U.S. Economy,” National Tax Journal, 31 (1978), 209–220.Google Scholar
Lamm, R., “The Effects of the Voluntary Anti-Inflation Program on Retail Food Prices,” Agricultural Economics Research, 33 (1981), 28–33.Google Scholar
Lamm, R. and Westcott, P., “The Effects of Changing Input Costs on Food Prices, American Journal of Agricultural Economics, 63 (1981), forthcoming.Google Scholar
Lasley, F.A., “Fuel and the Cost of Food,” Journal of the Northeastern Agricultural Economics Council, 3 (1974), 46–55.Google Scholar
Torgenson, D. and Cooper, H., Energy and U.S. Agriculture, Economics, Statistics and Cooperatives Service, U.S. Department of Agriculture, Statistical Bulletin 632, April 1980.Google Scholar
Van Arsdall, R.T. and Devlin, P., Energy Prices: Price Impacts on the U.S. Food System, Economics, Statiscics, and Cooperatives Service, U.S. Department of Agriculture, Agricultural Economic Report No. 407, July 1978.Google Scholar
Whittlesey, N.K. and Lee, C., “Impacts of Energy Price Changes on Food Costs,” Bulletin 822, College of Agricultural Research Center of Washington State University, April 1976.Google Scholar