Automatic Fuel Pricing Mechanisms with Price Smoothing: Design, Implementation, and Fiscal Implications
Many developing and emerging countries do not fully pass-through increases in international fuel prices to domestic retail prices, with adverse consequences for fuel tax revenues and tax volatility. The adoption of an automatic fuel pricing mechanism can help to address this problem, and the incorpo...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2013
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| Schriftenreihe: | Technical Notes and Manuals
Technical Notes and Manuals |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | Many developing and emerging countries do not fully pass-through increases in international fuel prices to domestic retail prices, with adverse consequences for fuel tax revenues and tax volatility. The adoption of an automatic fuel pricing mechanism can help to address this problem, and the incorporation of a price smoothing mechanism can ensure pass-through over the medium term but also avoid sharp increases (and decreases) in domestic prices. This technical note addresses the following issues: (i) the design of an automatic fuel pricing mechanism; (ii) the incorporation of domestic price smoothing and resulting tradeoffs; (iii) the transition from ad hoc pricing adjustments to an automatic mechanism; and (iv) policies to support this transition and the maintenance of an automatic mechanism. A standardized template for simulating and evaluating the implications of alternative pricing mechanisms for price and fiscal volatility is available on request |
| Beschreibung: | 1 Online-Ressource (23 p) |
| ISBN: | 1475566948 9781475566949 |
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| 520 | 3 | |a Many developing and emerging countries do not fully pass-through increases in international fuel prices to domestic retail prices, with adverse consequences for fuel tax revenues and tax volatility. The adoption of an automatic fuel pricing mechanism can help to address this problem, and the incorporation of a price smoothing mechanism can ensure pass-through over the medium term but also avoid sharp increases (and decreases) in domestic prices. This technical note addresses the following issues: (i) the design of an automatic fuel pricing mechanism; (ii) the incorporation of domestic price smoothing and resulting tradeoffs; (iii) the transition from ad hoc pricing adjustments to an automatic mechanism; and (iv) policies to support this transition and the maintenance of an automatic mechanism. A standardized template for simulating and evaluating the implications of alternative pricing mechanisms for price and fiscal volatility is available on request | |
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| index_date | 2024-07-03T20:13:36Z |
| indexdate | 2024-07-10T09:35:46Z |
| institution | BVB |
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| record_format | marc |
| series2 | Technical Notes and Manuals |
| spelling | Coady, David Verfasser aut Automatic Fuel Pricing Mechanisms with Price Smoothing Design, Implementation, and Fiscal Implications Coady, David Washington, D.C International Monetary Fund 2013 1 Online-Ressource (23 p) txt rdacontent c rdamedia cr rdacarrier Technical Notes and Manuals Technical Notes and Manuals Many developing and emerging countries do not fully pass-through increases in international fuel prices to domestic retail prices, with adverse consequences for fuel tax revenues and tax volatility. The adoption of an automatic fuel pricing mechanism can help to address this problem, and the incorporation of a price smoothing mechanism can ensure pass-through over the medium term but also avoid sharp increases (and decreases) in domestic prices. This technical note addresses the following issues: (i) the design of an automatic fuel pricing mechanism; (ii) the incorporation of domestic price smoothing and resulting tradeoffs; (iii) the transition from ad hoc pricing adjustments to an automatic mechanism; and (iv) policies to support this transition and the maintenance of an automatic mechanism. A standardized template for simulating and evaluating the implications of alternative pricing mechanisms for price and fiscal volatility is available on request Online-Ausg Arze del Granado, Javier Sonstige oth Eyraud, Luc Sonstige oth Tuladhar, Anita Sonstige oth http://elibrary.imf.org/view/IMF005/20237-9781475566949/20237-9781475566949/20237-9781475566949.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Coady, David Automatic Fuel Pricing Mechanisms with Price Smoothing Design, Implementation, and Fiscal Implications |
| title | Automatic Fuel Pricing Mechanisms with Price Smoothing Design, Implementation, and Fiscal Implications |
| title_auth | Automatic Fuel Pricing Mechanisms with Price Smoothing Design, Implementation, and Fiscal Implications |
| title_exact_search | Automatic Fuel Pricing Mechanisms with Price Smoothing Design, Implementation, and Fiscal Implications |
| title_exact_search_txtP | Automatic Fuel Pricing Mechanisms with Price Smoothing Design, Implementation, and Fiscal Implications |
| title_full | Automatic Fuel Pricing Mechanisms with Price Smoothing Design, Implementation, and Fiscal Implications Coady, David |
| title_fullStr | Automatic Fuel Pricing Mechanisms with Price Smoothing Design, Implementation, and Fiscal Implications Coady, David |
| title_full_unstemmed | Automatic Fuel Pricing Mechanisms with Price Smoothing Design, Implementation, and Fiscal Implications Coady, David |
| title_short | Automatic Fuel Pricing Mechanisms with Price Smoothing |
| title_sort | automatic fuel pricing mechanisms with price smoothing design implementation and fiscal implications |
| title_sub | Design, Implementation, and Fiscal Implications |
| url | http://elibrary.imf.org/view/IMF005/20237-9781475566949/20237-9781475566949/20237-9781475566949.xml |
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