Issues in Domestic Petroleum Pricing in Oil-Producing Countries /

This paper discusses issues relating to the domestic pricing of petroleum in oil-producing countries. It finds that in most major oil-exporting countries, government policies keep domestic prices below free-market levels, resulting in implicit subsidies that equaled 3.0 percent of GDP, on average, i...

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Bibliographic Details
Main Author: Gupta, Sanjeev
Other Authors: Clements, Benedict, Fletcher, Kevin, Inchauste, Gabriela
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/140
Online Access:Full text available on IMF