Fuel Price Subsidies in Gabon: Fiscal Cost and Distributional Impact
This paper looks at the fiscal cost and distributional impact of implicit fuel price subsidies in Gabon, where fuel prices have remained largely unchanged since 2002. Using estimated implicit import parity prices, we evaluate the total fiscal cost of the subsidies at 3.2 percent of non-oil GDP in 20...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2006
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Schriftenreihe: | IMF Working Papers
Working Paper No. 06/243 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper looks at the fiscal cost and distributional impact of implicit fuel price subsidies in Gabon, where fuel prices have remained largely unchanged since 2002. Using estimated implicit import parity prices, we evaluate the total fiscal cost of the subsidies at 3.2 percent of non-oil GDP in 2005-more than total public health expenditures. We also analyze the distribution of the subsidies using household survey data and find that the bulk of the subsidies benefit higher-income households. Finally, we suggest use of a number of existing programs to provide a more targeted and cost-effective means of protecting the real incomes of lower-income households from the effects of energy price increases |
Beschreibung: | 1 Online-Ressource (15 p) |
ISBN: | 1451865031 9781451865035 |
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spelling | Leigh, Daniel Verfasser aut Fuel Price Subsidies in Gabon Fiscal Cost and Distributional Impact Leigh, Daniel Washington, D.C International Monetary Fund 2006 1 Online-Ressource (15 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 06/243 This paper looks at the fiscal cost and distributional impact of implicit fuel price subsidies in Gabon, where fuel prices have remained largely unchanged since 2002. Using estimated implicit import parity prices, we evaluate the total fiscal cost of the subsidies at 3.2 percent of non-oil GDP in 2005-more than total public health expenditures. We also analyze the distribution of the subsidies using household survey data and find that the bulk of the subsidies benefit higher-income households. Finally, we suggest use of a number of existing programs to provide a more targeted and cost-effective means of protecting the real incomes of lower-income households from the effects of energy price increases Online-Ausg El-Said, Moataz Sonstige oth http://elibrary.imf.org/view/IMF001/02681-9781451865035/02681-9781451865035/02681-9781451865035.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Leigh, Daniel Fuel Price Subsidies in Gabon Fiscal Cost and Distributional Impact |
title | Fuel Price Subsidies in Gabon Fiscal Cost and Distributional Impact |
title_auth | Fuel Price Subsidies in Gabon Fiscal Cost and Distributional Impact |
title_exact_search | Fuel Price Subsidies in Gabon Fiscal Cost and Distributional Impact |
title_exact_search_txtP | Fuel Price Subsidies in Gabon Fiscal Cost and Distributional Impact |
title_full | Fuel Price Subsidies in Gabon Fiscal Cost and Distributional Impact Leigh, Daniel |
title_fullStr | Fuel Price Subsidies in Gabon Fiscal Cost and Distributional Impact Leigh, Daniel |
title_full_unstemmed | Fuel Price Subsidies in Gabon Fiscal Cost and Distributional Impact Leigh, Daniel |
title_short | Fuel Price Subsidies in Gabon |
title_sort | fuel price subsidies in gabon fiscal cost and distributional impact |
title_sub | Fiscal Cost and Distributional Impact |
url | http://elibrary.imf.org/view/IMF001/02681-9781451865035/02681-9781451865035/02681-9781451865035.xml |
work_keys_str_mv | AT leighdaniel fuelpricesubsidiesingabonfiscalcostanddistributionalimpact AT elsaidmoataz fuelpricesubsidiesingabonfiscalcostanddistributionalimpact |