Commander, Simon; Nikoloski, Zlatko; Vagliasindi, Maria - 2015
It is widely accepted that the costs of under-pricing energy are large, whether in advanced or developing countries …. This paper explores how large these costs can be by focussing on the size of the external effects that energy subsidies in … (agriculture). Our focus is mainly on the costs associated with congestion and pollution as well the impact of under-priced energy …