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The Bolivian government fostered an electricity cost supporting scheme to attenuate the effect of the nationwide full lockdown on domestic consumption during the COVID-19 pandemic. This paper evaluates its effect on the levels of energy consumption during lockdown, and the monetary savings it...
Persistent link: https://www.econbiz.de/10014458976
consumption to changes in energy prices and the implications of our findings for the debate on energy subsidy reform. Our findings … significant long-term benefits from the reform of energy subsidies. Our findings also indicate that short-term gains from subsidy … reform are likely to be much smaller, which suggests the need for either a gradual approach to subsidy reform or for more …
Persistent link: https://www.econbiz.de/10013063763
implicit in a subsidy encouraging an energy-efficiency investment. In the experiment, participants decide on purchasing a low …-flow showerhead and are either confronted with the introduction of a subsidy or a same-sized price decrease. We find a demand increase … subsidy is introduced. An analysis of the underlying channels rules out changes in beliefs and norm perceptions. Positive …
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Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is … implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of … households receiving seven times more in benefits than the poorest ten percent. Although subsidy reform would generate …
Persistent link: https://www.econbiz.de/10014395186
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
The developing countries, like India, face the twin challenges of sustainable growth and high import dependency due to … energy intensity of India's exports by using a constant price hybrid Input-Output model. The analysis clearly highlights the … efficiency. The findings reject the proposition that India's export basket is dominated with energy intensive sectors …
Persistent link: https://www.econbiz.de/10012977213