Implicit subsidies are implemented for different reasons in many countries. These subsidies generally emerge through selling public resources such as gas, oil, and water at a lower price to one or more sectors. They are not considered in government payments and national accounts. Hence, it is...

Given recent developments on energy markets and skyrocketing oil prices, we argue for an urgent need to study the potential effects of world oil production reaching a maximum (Peak Oil) in order to facilitate the development of adaptation policies. We consider input–output (IO) modelling as a...