Measuring the Cost of Dietary Diversity: Novel Price Indexes to Monitor Access to Nutritious Diets
Motivation and methodology for presentation at the Annual Meeting of the AAEA, 31 July 2017
9 Pages Posted: 19 May 2017
Date Written: May 18, 2017
This methodological note describes a novel approach to measuring changes in the affordability of nutritious diets in low-income settings, using price indexes to monitor how trade policy or market infrastructure and other factors influence the cost of reaching a standard threshold of dietary diversity. We provide preliminary results for a new Cost of Diet Diversity (CoDD) price index in Ghana, contrasted with existing Cost of Nutrient Adequacy indexes as well as the standard Consumer Price Index concept for foods actually consumed, or world food price indexes for commodities that enter international trade.
Keywords: Food Prices, Diet Quality, Diet Diversity, Nutrient Adequacy, CPI
JEL Classification: Q11, Q18, I15
Suggested Citation: Suggested Citation