1.

Record Nr.

UNINA9910788690903321

Autore

Gillingham Robert

Titolo

The Magnitude and Distribution of Fuel Subsidies : : Evidence from Bolivia, Ghana, Jordan, Mali, and Sri Lanka / / Robert Gillingham, David Locke Newhouse, David Coady, Kangni Kpodar, Moataz El-Said, Paulo Medas

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-2154-2

1-4519-9944-5

1-283-53341-3

9786613845863

1-4519-0960-8

Descrizione fisica

1 online resource (39 p.)

Collana

IMF Working Papers

Altri autori (Persone)

NewhouseDavid Locke

CoadyDavid

KpodarKangni

El-SaidMoataz

MedasPaulo

Soggetti

Fuel - Prices

Fuel trade - Subsidies

Inflation

Macroeconomics

Public Finance

Energy: Demand and Supply

Prices

Price Level

Deflation

Personal Income, Wealth, and Their Distributions

Energy industries & utilities

Personal income

Energy subsidies

Fuel prices

Oil prices

Income

Expenditures, Public

Sri Lanka



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"November 2006".

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. MAGNITUDE, FINANCING, AND DISTRIBUTION OF CONSUMER SUBSIDIES""; ""III. COUNTRY CASE STUDIES""; ""IV. CONCLUDING REMARKS""; ""APPENDIX I. IDENTIFYING MAGNITUDE AND FINANCING OF FUEL SUBSIDIES""; ""APPENDIX II. EVALUATING SIZE AND DISTRIBUTION OF REAL INCOME EFFECTS""; ""REFERENCES""

Sommario/riassunto

With the recent jump in world oil prices, the issue of petroleum product pricing has become increasingly important in developing countries. Reflecting a reluctance of many governments to pass these price increases onto energy users, energy price subsidies are absorbing an increasing share of scarce public resources. This paper identifies the issues that need to be discussed when analyzing the fiscal and social costs of fuel subsidies. Using examples from analyses recently undertaken for five countries, it also identifies the magnitude of consumer subsidies and their fiscal implications. The results of the analysis show that-in all of these countries-energy subsidies have significant social and fiscal costs and are badly targeted.