Policy lessons from the execution of fuel dual-pricing: Insights for fuel-subsidizing economies

被引:1
作者
Majidpour, Mehdi [1 ]
机构
[1] Amirkabir Univ Technol, Dept Management Sci & Technol, 3rd Floor,Zakariya Razi Bldg,Saeed Alley, Tehran 1591634311, Iran
关键词
Fuel subsidy; Subsidy reform; Economic policy analysis; Dual pricing; Fuel rationing; Iran; CONSUMPTION; IMPACTS; REFORMS; PRICES; CHINA;
D O I
10.1016/j.energy.2022.123480
中图分类号
O414.1 [热力学];
学科分类号
摘要
This paper for the first time systematically examines fuel dual-pricing policy (FDPP) in the context of developing countries. Governments in most of these countries pay a heavy price for subsidizing fossil fuels and thus, most of these countries suffer from adverse economic, social and environmental con-sequences. In these circumstances, governments cannot take the risk of social unrest and economic shock by quickly removing fuel subsidies. FDPP can be addressed as a transitional policy to liberalize fuel prices. However, the literature fails miserably to address the dynamics of FDPP execution due to the lack of valid empirical data. Accurate analysis making use of long-term valid data could shed light on this dilemma. Through a scenario planning approach, this study evaluates the positive and negative impacts of executing or terminating FDPP. In general, it is concluded that, despite difficulties in formulation and implementation, FDPP has the potential for several positive economic and environmental effects through which fuel-subsidizing economies can employ FDPP as a transition pathway to liberalizing fuel prices.(c) 2022 Elsevier Ltd. All rights reserved.
引用
收藏
页数:9
相关论文
共 34 条
[1]   An integrated scenario-based robust planning approach for foresight and strategic management with application to energy industry [J].
Alizadeh, Reza ;
Lund, Peter D. ;
Beynaghi, Ali ;
Abolghasemi, Mandi ;
Maknoon, Reza .
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, 2016, 104 :162-171
[2]   Reforming fossil fuel prices in India: Dilemma of a developing economy [J].
Anand, Mukesh Kumar .
ENERGY POLICY, 2016, 92 :139-150
[3]  
[Anonymous], 2019, BP statistical review of world energy, V68th
[4]  
[Anonymous], 2019, Fundamental and Applied Climatology, V2, P5
[5]   How price inelastic is demand for gasoline in fuel-subsidizing economies? [J].
Arzaghi, Mohammad ;
Squalli, Jay .
ENERGY ECONOMICS, 2015, 50 :117-124
[6]  
Atamanov A, 2020, World Bank Policy Research Working Pap No 9259
[7]   Energy subsidy reform for growth and equity in Egypt: The approach matters [J].
Breisinger, Clemens ;
Mukashov, Askar ;
Raouf, Mariam ;
Wiebelt, Manfred .
ENERGY POLICY, 2019, 129 :661-671
[8]   Gasoline prices, gasoline consumption, and new-vehicle fuel economy: Evidence for a large sample of countries [J].
Burke, Paul J. ;
Nishitateno, Shuhei .
ENERGY ECONOMICS, 2013, 36 :363-370
[9]  
Coxhead Ian., 2018, Asian Development Review, V35, P180, DOI DOI 10.1162/ADEVA00119
[10]   Household welfare implications of fossil fuel subsidy reforms in developing countries [J].
Dennis, Allen .
ENERGY POLICY, 2016, 96 :597-606