Series: IMF Working Papers
Author(s): Christian Ebeke , and Constant Lonkeng Ngouana
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 06 May 2015
Keywords: Energy subsidies, Public social spending, Causality, subsidy, tax, energy subsidy, Cross-Sectional Models, Single Equation Models: Single Variables: Instrumental Variables (IV) Estimation, Causality.,
This paper shows that high energy subsidies and low public social spending can emerge as an equilibrium outcome of a political game between the elite and the middle-class when the provision of public goods is subje...