Fuel Price Subsidies in Gabon : Fiscal Cost and Distributional Impact /

This paper looks at the fiscal cost and distributional impact of implicit fuel price subsidies in Gabon, where fuel prices have remained largely unchanged since 2002. Using estimated implicit import parity prices, we evaluate the total fiscal cost of the subsidies at 3.2 percent of non-oil GDP in 20...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Leigh, Daniel
مؤلفون آخرون: El-Said, Moataz
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/243
الوصول للمادة أونلاين:Full text available on IMF
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245 1 0 |a Fuel Price Subsidies in Gabon :   |b Fiscal Cost and Distributional Impact /  |c Daniel Leigh, Moataz El-Said. 
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300 |a 1 online resource (15 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper looks at the fiscal cost and distributional impact of implicit fuel price subsidies in Gabon, where fuel prices have remained largely unchanged since 2002. Using estimated implicit import parity prices, we evaluate the total fiscal cost of the subsidies at 3.2 percent of non-oil GDP in 2005-more than total public health expenditures. We also analyze the distribution of the subsidies using household survey data and find that the bulk of the subsidies benefit higher-income households. Finally, we suggest use of a number of existing programs to provide a more targeted and cost-effective means of protecting the real incomes of lower-income households from the effects of energy price increases. 
538 |a Mode of access: Internet 
700 1 |a El-Said, Moataz. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2006/243 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2006/243/001.2006.issue-243-en.xml  |z IMF e-Library