04034oam 22010214 450 991078841610332120230828232521.01-4623-0741-81-4527-9655-61-283-51202-597866138244791-4519-0956-X(CKB)3360000000443441(EBL)3014438(SSID)ssj0000941182(PQKBManifestationID)11518153(PQKBTitleCode)TC0000941182(PQKBWorkID)10955726(PQKB)10218754(OCoLC)694141088(MiAaPQ)EBC3014438(IMF)WPIEE2006243(EXLCZ)99336000000044344120020129d2006 uf 0engur|n|---|||||txtccrFuel Price Subsidies in Gabon : Fiscal Cost and Distributional Impact /Daniel Leigh, Moataz El-SaidWashington, D.C. :International Monetary Fund,2006.1 online resource (17 p.)IMF Working Papers"October 2006".1-4518-6503-1 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. THE MAGNITUDE OF FUEL PRICE SUBSIDIES IN GABON""; ""III. COMPARISON WITH SELECTED DEVELOPING AND EMERGING MARKET COUNTRIES""; ""IV. DISTRIBUTIONAL IMPACT OF FUEL PRICE SUBSIDIES""; ""V. MITIGATING THE EFFECT OF PRICE INCREASES ON THE POOR""; ""VI. CONCLUSION""; ""REFERENCES""This paper looks at the fiscal cost and distributional impact of implicit fuel price subsidies in Gabon, where fuel prices have remained largely unchanged since 2002. Using estimated implicit import parity prices, we evaluate the total fiscal cost of the subsidies at 3.2 percent of non-oil GDP in 2005-more than total public health expenditures. We also analyze the distribution of the subsidies using household survey data and find that the bulk of the subsidies benefit higher-income households. Finally, we suggest use of a number of existing programs to provide a more targeted and cost-effective means of protecting the real incomes of lower-income households from the effects of energy price increases.IMF Working Papers; Working Paper ;No. 2006/243FuelPricesGovernment policyGabonSubsidiesGabonInflationimfMacroeconomicsimfPublic FinanceimfEnergy: Demand and SupplyimfPricesimfPrice LevelimfDeflationimfMacroeconomics: ConsumptionimfSavingimfWealthimfAggregate Factor Income DistributionimfEnergy industries & utilitiesimfFuel pricesimfEnergy subsidiesimfConsumptionimfIncomeimfExpenditures, PublicimfEconomicsimfGabonimfFuelPricesGovernment policySubsidiesInflationMacroeconomicsPublic FinanceEnergy: Demand and SupplyPricesPrice LevelDeflationMacroeconomics: ConsumptionSavingWealthAggregate Factor Income DistributionEnergy industries & utilitiesFuel pricesEnergy subsidiesConsumptionIncomeExpenditures, PublicEconomicsLeigh Daniel1462093El-Said Moataz1546593International Monetary Fund.Fiscal Affairs Dept.DcWaIMFBOOK9910788416103321Fuel Price Subsidies in Gabon3802297UNINA