Data/hora: 09/06/2024 06:36:25

Provedor de dados: | Research in Agricultural & Applied Economics (AgEcon Searh)
País: | United States
Título: | Household Energy Demand and the Equity and Efficiency Aspects of Subsidy Reform in Indonesia
Autores: | Olivia,   Susan; Gibson,   John.
Data: | 2006-06-15
Ano: | 2006
Palavras-chave: | Demand elasticities; Energy; Fuels; Subsidies; Unit Values; Resource /Energy Economics and Policy; D12; Q31.
Resumo: | The proper design of price interventions requires consideration of equity and efficiency effects. In this paper, budget survey data from 29,000 Indonesian households are used to estimate a demand system for five energy sources, which is identified by the spatial variation in unit values (expenditures divided by quantities). We correct for the various quality and measurement error biases that result when unit values are used as proxies for market prices. The price elasticities are combined with tax and subsidy rates to calculate the marginal social cost of price changes for each item. The results suggest that even at high levels of inequality aversion there is a strong case for reducing the large subsidies on gasoline and kerosene, supporting the reforms that have been carried out recently.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

22529

http://purl.umn.edu/25745

Editor: | AgEcon Search

Relação:

International Association of Agricultural Economists&gt;2006 Annual Meeting, August 12-18, 2006, Queensland, Australia

Contributed Paper

Formato:

16

application/pdf