Showing 1 - 10 of 369
This paper provides quantitative estimates of the impact of removing agricultural support (both tariffs and subsidies … highly distortionary and tariffs have a larger distortionary impact than subsidies. Removal of agricultural support would …
Persistent link: https://www.econbiz.de/10005769122
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 2011–13 (approximately … subsidize electricity, as are Central America and the Caribbean. Energy subsidies impose fiscal costs, hurting SOEs …
Persistent link: https://www.econbiz.de/10011242202
The economic and environmental implications of energy subsidies have received renewed attention from policymakers and … subsidies on energy consumption. In this paper we analyze a panel of cross-country data to explore the responsiveness of energy … significant long-term benefits from the reform of energy subsidies. Our findings also indicate that short-term gains from subsidy …
Persistent link: https://www.econbiz.de/10011242222
Claimants to SIFIs receive transfers when governments are forced into bailouts. Ex ante, the bailout expectation lowers daily funding costs. This funding cost differential reflects both the structural level of the government support and the time-varying market valuation for such a support. With...
Persistent link: https://www.econbiz.de/10010790251
Welfare economics, scope and performance of government, externalities, public goods, cost-benefit analysis, subsidies … graph which is then used to analyze policy rules, subsidies and effective interaction between the state and the private …
Persistent link: https://www.econbiz.de/10010790359
Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is … implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of … groups. Better targeting of fuel subsidies would fully protect lower income households while still generating substantial net …
Persistent link: https://www.econbiz.de/10010790400
This paper discusses two ways of evaluating the quasi-fiscal deficit (QFD) and the link between them. It also suggests how to properly account for the QFD when calculating the overall deficit of the public sector. Finally, using an example of the energy market, it shows how to untangle a web of...
Persistent link: https://www.econbiz.de/10005768858
of the private investors. The application of a general scheme of wage subsidies is rejected in the paper. Furthermore …
Persistent link: https://www.econbiz.de/10005768873
particular. We find evidence that the state has channeled implicit subsidies to enterprises in the form of tax and utility …
Persistent link: https://www.econbiz.de/10005769008
relevant taxes/subsidies to correct the externalities and to address equity and revenue considerations can be measured with a …
Persistent link: https://www.econbiz.de/10005769021