Hidden Bibliographic Details
Other authors / contributors: | Flamini, Valentina, (IMF staff), author.
Sears, Louis, author.
International Monetary Fund. Fiscal Affairs Department.
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ISBN: | 1513501399 9781513501390
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ISSN: | 1018-5941
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Notes: | "November 2015." "Fiscal Affairs Department." Includes bibliographical references (page 24). Online resource; title from pdf title page (IMF.org Web site, viewed November 30, 2015).
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Summary: | Understanding who benefits from fuel price subsidies and the welfare impact of increasing fuel prices is key to designing, and gaining public support for, subsidy reform. This paper updates evidence for developing countries on the magnitude of the welfare impact of subsidy reform and its distribution across income groups, incorporating more recent studies and expanding the number of countries. These studies confirm that a very large share of benefits from price subsidies goes to high-income households, further reinforcing existing income inequalities. The results can also help to approximate the welfare impact of subsidy reform for countries where the data necessary for such an analysis is not available. --Abstract.
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Standard no.: | 10.5089/9781513501390.001
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