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Global Fossil Fuel Subsidies Remain Large: An Update Based on Country-Level Estimates »
Source: Global Fossil Fuel Subsidies Remain Large: An Update Based on Country-Level Estimates
Volume/Issue: 2019/89
Series: IMF Working Papers
Author(s): David Coady , Ian Parry , Nghia-Piotr Le , and Baoping Shang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 02 May 2019
ISBN: 9781484393178
Keywords: Gasoline prices, Consumer subsidies, Sustainable development, Energy prices, Fossil fuels, energy subsidies, efficient taxation, revenue, environment, deadweight loss
This paper updates estimates of fossil fuel subsidies, defined as fuel consumption times the gap between existing and efficient prices (i.e., prices warranted by supply costs, environmental costs, and revenue consi...
Energy Subsidy Reform - Lessons and Implications »
Source: Energy Subsidy Reform - Lessons and Implications
Volume/Issue: 2013/004
Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 January 2013
ISBN: 9781498342391
Keywords: Energy sector, Energy taxes, Fiscal reforms, Subsidies, Social safety nets, Consumer subsidies, Economic growth, Government expenditures, Oil exporting countries, energy subsidy
Energy subsidies have wide-ranging economic consequences. While aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd-out priority public spending, and depress private investment, including in...
Energy Subsidies in Latin America and the Caribbean »
Source: Energy Subsidies in Latin America and the Caribbean : Stocktaking and Policy Challenges
Volume/Issue: 2015/30
Series: IMF Working Papers
Author(s): Gabriel Di Bella , Lawrence Norton , Joseph Ntamatungiro , Sumiko Ogawa , Issouf Samaké , and Marika Santoro
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 February 2015
ISBN: 9781484365366
Keywords: Energy Subsidies, Latin America and the Caribbean, energy, electricity, prices, fuel, oil, General,
The oil price decline creates an opportunity to dismantle energy subsidies, which escalated with high oil prices. This paper assesses energy subsidies in Latin America and the Caribbean-about 1.8 percent of GDP in...
How Large Are Global Energy Subsidies? »
Source: How Large Are Global Energy Subsidies?
Volume/Issue: 2015/105
Series: IMF Working Papers
Author(s): David Coady , Ian Parry , Louis Sears , and Baoping Shang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 18 May 2015
ISBN: 9781513532196
Keywords: energy subsidies, efficient taxation, deadweight loss, revenue, subsidies, tax, vehicle, traffic, subsidy, Demand and Supply
This paper provides a comprehensive, updated picture of energy subsidies at the global and regional levels. It focuses on the broad notion of post-tax energy subsidies, which arise when consumer prices are below su...
Energy Subsidies and Public Social Spending »
Source: Energy Subsidies and Public Social Spending : Theory and Evidence
Volume/Issue: 2015/101
Series: IMF Working Papers
Author(s): Christian Ebeke , and Constant Lonkeng Ngouana
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 06 May 2015
ISBN: 9781475580747
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...
Energy Subsidy Reform in Sub-Saharan Africa: Experiences and Lessons »
Source: Energy Subsidy Reform in Sub-Saharan Africa : Experiences and Lessons
Volume: 13
Series: Departmental Papers / Policy Papers
Author(s): Trevor Alleyne , and Mumtaz Hussain
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 August 2013
ISBN: 9781484366547
Keywords: Cross country analysis, Electric power, Energy sector, Energy taxes, Oil prices, Fiscal reforms, Gasoline prices, Sub-Saharan Africa, Subsidies, electricity
The reform of energy subsidies is an important but challenging issue for sub-Saharan African (SSA) countries. There is a relatively large theoretical and empirical literature on this issue. While this paper relies...
If Not Now, When? Energy Price Reform in Arab Countries; April 2017 Rabat, Morocco »
Source: If Not Now, When? Energy Price Reform in Arab Countries; April 2017 Rabat, Morocco
Volume/Issue: 2017/030
Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 13 June 2017
ISBN: 9781498346733
Keywords: Social safety nets, Economic conditions, Oil prices, Purchasing power, Price controls, oil importer, energy price, reference price, energy subsidy, price gap
Regulating energy prices has been a common practice around the world. The objective is, generally, to facilitate access to energy products, which are central to people's well-being and countries' economic developme...
Energy Subsidies and Energy Consumption »
Source: Energy Subsidies and Energy Consumption : A Cross-Country Analysis
Volume/Issue: 2013/112
Series: IMF Working Papers
Author(s): Joshua Charap , Arthur Ribeiro da Silva , and Pedro Rodriguez
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 May 2013
ISBN: 9781484367247
Keywords: subsidy, income elasticity, gasoline prices, environmental regulations, energy consumption, gasoline consumption, Models with Panel Data, Personal Income and Other Nonbusiness Taxes and Subsidies, General,
The economic and environmental implications of energy subsidies have received renewed attention from policymakers and economists in recent years. Nevertheless there remains significant uncertainty regarding the mag...
Supplement: Case Studies on Energy Subsidy Reform in Sub-Saharan Africa: Experiences and Lessons »
Source: Energy Subsidy Reform in Sub-Saharan Africa : Experiences and Lessons
Series: Departmental Papers / Policy Papers
Author(s): Trevor Alleyne , and Mumtaz Hussain
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 August 2013
ISBN: 9781484366547
Keywords: Cross country analysis, Electric power, Energy sector, Energy taxes, Oil prices, Fiscal reforms, Gasoline prices, Sub-Saharan Africa, Subsidies, electricity
...
Chapter 3. Lessons Learned from Attempts to Reform Energy Subsidies28 »
Source: Energy Subsidy Reform in Sub-Saharan Africa : Experiences and Lessons
Series: Departmental Papers / Policy Papers
Author(s): Trevor Alleyne , and Mumtaz Hussain
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 August 2013
ISBN: 9781484366547
Keywords: Cross country analysis, Electric power, Energy sector, Energy taxes, Oil prices, Fiscal reforms, Gasoline prices, Sub-Saharan Africa, Subsidies, electricity
Although the economics make a compelling case for subsidy reform, experience shows that political constraints have often prevented or derailed reform. Understanding the political economy behind stalled refor...