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The steep decline in the world oil price in the last quarter of 2014 slashed fuel price subsidies. Several governments … recovery. Other governments took advantage of low world prices to increase taxes and other charges on fuels. However, the … government and consumers to get accustomed to fluctuations in world fuel prices and exchange rates. By contrast, freezing prices …
Persistent link: https://www.econbiz.de/10012969897
consumer support estimates in fact captures price gaps as market transfers to producers or consumers. Differences in subsidy … valuation arise from assumptions made to compensate for missing data and the scope of subsidy measurement. Having a common … countries and sectors, benchmarking pricing, and assessing subsidy policies. Subsidy measurement should not be viewed as a one …
Persistent link: https://www.econbiz.de/10012971973
This paper provides an empirical analysis of economic and political determinants of gasoline and diesel prices for about 200 countries over the period 1991-2010. A range of both political and economic variables are found to systematically influence fuel prices, and in ways that differ...
Persistent link: https://www.econbiz.de/10012974285
government will not know in advance whether the subsidy is World Trade Organization-legal …This paper provides a detailed explanation how the law of the World Trade Organization regulates environmental … relevant World Trade Organization rules and case law, including the recent Canada-Renewable Energy case. The paper also makes …
Persistent link: https://www.econbiz.de/10012972628
The paper provides basic guidelines and tools for simulating subsidy reforms with Stata using a single cross … I provides basic instructions for carrying out subsidy analyses. Part II outlines economic theory and formulae for the …
Persistent link: https://www.econbiz.de/10012975103
dollar. Without downplaying the importance of subsidy elimination, the paper concludes that these impediments should receive …
Persistent link: https://www.econbiz.de/10012976001
associated fiscal burden. For the selected sample of 20 developing countries, the average energy subsidy recorded in the budget … subsidy reform, implementation of compensatory social policies and an effective communication strategy, before the changes …
Persistent link: https://www.econbiz.de/10013008052
This paper examines the role of monetary policy in fossil fuel exporters at different horizons. The main argument is that central banks in these economies need to look beyond the horizon of the business cycle. In the short run, (independent) monetary policy should flexibly target inflation. In...
Persistent link: https://www.econbiz.de/10012865498
This paper studies a dynamic game where each of two large blocs, of fossil fuel importers and exporters respectively, sets either taxes or quotas to exercise power in fossil-fuel markets. The main novel feature is the inclusion of a "fringe" of non- strategic (emerging and developing) countries...
Persistent link: https://www.econbiz.de/10012973835
This paper presents new global evidence on the key determinants of public-private partnership investment in electricity generated by fossil fuels and renewable energy based on a panel data analysis for 105 developing countries over a period of 16 years from 1993 to 2008. It aims to identify the...
Persistent link: https://www.econbiz.de/10012975148