| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
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| Título: |
Household Energy Demand and the Equity and Efficiency Aspects of Subsidy Reform in Indonesia
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| Autores: |
Olivia, Susan
Gibson, John
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| Data: |
2006-06-15
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| Ano: |
2006
|
| Palavras-chave: |
Demand elasticities
Energy
Fuels
Subsidies
Unit Values
Resource /Energy Economics and Policy
D12
Q31
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| 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.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
22529
http://purl.umn.edu/25745
|
| Editor: |
AgEcon Search
|
| Relação: |
International Association of Agricultural Economists>2006 Annual Meeting, August 12-18, 2006, Queensland, Australia
Contributed Paper
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| Formato: |
16
application/pdf
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