Distributional Effects of Oil Price Changes on Household Expenditures: Evidence from Mali - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Distributional Effects of Oil Price Changes on Household Expenditures: Evidence from Mali write by Kangni Kpodar. This book was released on 2006-03. Distributional Effects of Oil Price Changes on Household Expenditures: Evidence from Mali available in PDF, EPUB and Kindle. Using an input-output approach, this paper assesses the distributional effects of a rise in various petroleum product prices in Mali. The results show that, although rising gasoline and diesel prices affect mainly nonpoor households, rising kerosene prices are most harmful to the poor. Overall, the impact of fuel prices on household budgets displays a U-shaped relationship with expenditure per capita. Regardless of the oil product considered, highincome households would benefit disproportionately from oil price subsidies. This suggests that a petroleum price subsidy is an ineffective mechanism for protecting the income of poor households compared with a targeted subsidy.
Distributional Effects of Oil Price Changes on Household Income
Distributional Effects of Oil Price Changes on Household Income - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Distributional Effects of Oil Price Changes on Household Income write by Kangni Kpodar. This book was released on 2010. Distributional Effects of Oil Price Changes on Household Income available in PDF, EPUB and Kindle.
IMF Working Papers
IMF Working Papers - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook IMF Working Papers write by Kangni Kpodar. This book was released on 2006. IMF Working Papers available in PDF, EPUB and Kindle.
The Magnitude and Distribution of Fuel Subsidies
The Magnitude and Distribution of Fuel Subsidies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Magnitude and Distribution of Fuel Subsidies write by . This book was released on 2006. The Magnitude and Distribution of Fuel Subsidies available in PDF, EPUB and Kindle. 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.
The Distributional Implications of the Impact of Fuel Price Increases on Inflation
The Distributional Implications of the Impact of Fuel Price Increases on Inflation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Distributional Implications of the Impact of Fuel Price Increases on Inflation write by Mr. Kangni R Kpodar. This book was released on 2021-11-12. The Distributional Implications of the Impact of Fuel Price Increases on Inflation available in PDF, EPUB and Kindle. This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
