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Dynamic Fuel Price Pass-Through : : Evidence from a New Global Retail Fuel Price Database / / Kangni Kpodar, Chadi Abdallah



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Autore: Kpodar Kangni Visualizza persona
Titolo: Dynamic Fuel Price Pass-Through : : Evidence from a New Global Retail Fuel Price Database / / Kangni Kpodar, Chadi Abdallah Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2016
Descrizione fisica: 1 online resource (33 pages) : illustrations (some color), graphs, tables
Disciplina: 333.79
Soggetto topico: Petroleum products - Prices - Econometric models
Investments: Energy
Inflation
Macroeconomics
Public Finance
Mining, Extraction, and Refining: Hydrocarbon Fuels
Energy: Government Policy
Taxation and Subsidies: Externalities
Redistributive Effects
Environmental Taxes and Subsidies
Energy: Demand and Supply
Prices
Price Level
Deflation
Energy: General
Energy industries & utilities
Investment & securities
Fuel prices
Oil prices
Energy subsidies
Gasoline
Expenditure
Commodities
Expenditures, Public
Gas industry
Soggetto geografico: United States
Altri autori: AbdallahChadi  
Nota di bibliografia: Includes bibliographical references.
Sommario/riassunto: This paper assesses the dynamic pass-through of crude oil price shocks to retail fuel prices using a novel database on monthly retail fuel prices for 162 countries. The impulse response functions suggest that on average, a one cent increase in crude oil prices per liter translates into a 1.2 cent increase in the retail gasoline price at peak level six months after the shock. However, the estimates vary significantly across country groups, ranging from about 0.5 cent in MENA countries to two cents in advanced economies. The results also show that positive oil price shocks have a larger impact than negative price shocks on the retail gasoline price. Finally, the paper underscores the importance of the new dataset in refining estimates of the fiscal cost of incomplete pass-through.
Titolo autorizzato: Dynamic Fuel Price Pass-Through  Visualizza cluster
ISBN: 1-4755-6777-4
1-4755-6784-7
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910162925903321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers; Working Paper ; ; No. 2016/254