The Magnitude and Distribution of Fuel Subsidies: Evidence from Bolivia, Ghana, Jordan, Mali, and Sri Lanka

 
Author/Editor: Coady, David ; El-Said, Moataz ; Gillingham, Robert ; Kpodar, Kangni ; Medas, Paulo A. ; Newhouse, David Locke
 
Publication Date: November 01, 2006
 
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
 
Summary: 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.
 
Series: Working Paper No. 06/247
Subject(s): Energy prices | Subsidies | Bolivia | Ghana | Jordan | Mali | Sri Lanka

Author's Keyword(s): Energy prices | subsidies | welfare distribution | household survey data
 
English
Publication Date: November 01, 2006
ISBN/ISSN: 1934-7073 Format: Paper
Stock No: WPIEA2006247 Pages: 37
Price:
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