LEADER 04034oam 22010214 450 001 9910788416103321 005 20230828232521.0 010 $a1-4623-0741-8 010 $a1-4527-9655-6 010 $a1-283-51202-5 010 $a9786613824479 010 $a1-4519-0956-X 035 $a(CKB)3360000000443441 035 $a(EBL)3014438 035 $a(SSID)ssj0000941182 035 $a(PQKBManifestationID)11518153 035 $a(PQKBTitleCode)TC0000941182 035 $a(PQKBWorkID)10955726 035 $a(PQKB)10218754 035 $a(OCoLC)694141088 035 $a(MiAaPQ)EBC3014438 035 $a(IMF)WPIEE2006243 035 $a(EXLCZ)993360000000443441 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aFuel Price Subsidies in Gabon : $eFiscal Cost and Distributional Impact /$fDaniel Leigh, Moataz El-Said 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (17 p.) 225 1 $aIMF Working Papers 300 $a"October 2006". 311 $a1-4518-6503-1 320 $aIncludes bibliographical references. 327 $a""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"" 330 3 $aThis paper looks at the fiscal cost and distributional impact of implicit fuel price subsidies in Gabon, where fuel prices have remained largely unchanged since 2002. Using estimated implicit import parity prices, we evaluate the total fiscal cost of the subsidies at 3.2 percent of non-oil GDP in 2005-more than total public health expenditures. We also analyze the distribution of the subsidies using household survey data and find that the bulk of the subsidies benefit higher-income households. Finally, we suggest use of a number of existing programs to provide a more targeted and cost-effective means of protecting the real incomes of lower-income households from the effects of energy price increases. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/243 606 $aFuel$xPrices$xGovernment policy$zGabon 606 $aSubsidies$zGabon 606 $aInflation$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aEnergy: Demand and Supply$2imf 606 $aPrices$2imf 606 $aPrice Level$2imf 606 $aDeflation$2imf 606 $aMacroeconomics: Consumption$2imf 606 $aSaving$2imf 606 $aWealth$2imf 606 $aAggregate Factor Income Distribution$2imf 606 $aEnergy industries & utilities$2imf 606 $aFuel prices$2imf 606 $aEnergy subsidies$2imf 606 $aConsumption$2imf 606 $aIncome$2imf 606 $aExpenditures, Public$2imf 606 $aEconomics$2imf 607 $aGabon$2imf 615 0$aFuel$xPrices$xGovernment policy 615 0$aSubsidies 615 7$aInflation 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aEnergy: Demand and Supply 615 7$aPrices 615 7$aPrice Level 615 7$aDeflation 615 7$aMacroeconomics: Consumption 615 7$aSaving 615 7$aWealth 615 7$aAggregate Factor Income Distribution 615 7$aEnergy industries & utilities 615 7$aFuel prices 615 7$aEnergy subsidies 615 7$aConsumption 615 7$aIncome 615 7$aExpenditures, Public 615 7$aEconomics 700 $aLeigh$b Daniel$01462093 701 $aEl-Said$b Moataz$01546593 712 02$aInternational Monetary Fund.$bFiscal Affairs Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788416103321 996 $aFuel Price Subsidies in Gabon$93802297 997 $aUNINA